Brief: 71Media Plans To Change Business Profile, Focus On Financial Services

Prefa SA

08/08/2018 16:22

Aug 8 (Reuters) - 71MEDIA SA  71M.WA :
    * MANAGEMENT DECIDES TO FOCUS ON FINANCIAL SERVICES, MAINLY SECURED CONSUMER
LOANS
AND CLAIMS FOR DAMAGES
    * ADOPTS NEW STRATEGY, PLANS TO CHANGE BUSINESS PROFILE
    * NEW STRATEGY TO BE UNDERTAKEN WITH MAIN SHAREHOLDER, POLSKI HOLDING
INWESTYCYJNY
SA
    * PLANS TO CONVENE SHAREHOLDER MEETING TO VOTE OVER STRATEGY, BUSINESS
PROFILE
CHANGE
    * ULTIMATELY CO TO CHANGE NAME TO PHI WIERZYTELNOSCI SA
    * TO FINANCE NEW STRATEGY, THE COMPANY AMONG OTHERS CONSIDERS SHARE ISSUE TO
CURRENT AND NEW SHAREHOLDERS

Source text for Eikon:  ID:nEM3GxDSYa 
Further company coverage:  71M.WA 

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