Brief: Mic to convert loans issued to subsidiaries into equity of respective companies

Pyramid AG

19/10/2017 11:53

Oct 19 (Reuters) - MIC AG  M3BG.DE  
    * TO CONVERT LOANS ISSUED TO SUBSIDIARIES INTO EQUITY OF 
RESPECTIVE COMPANIES 
    * ISSUE PRICE OF THE NEW SHARES ISSUED BY COMPANIES WILL 
AMOUNT TO AT LEAST EUR 1.00 
    * IN TOTAL, ABOUT EUR 11.40 BILLION LOAN RECEIVABLES TO BE 
CONVERTED INTO EQUITY OF SUBSIDIARIES 
 
Source text for Eikon:  ID:nEQbNTXswa  
Further company coverage:  M3BG.DE  
 
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