Brief: Ringmetall decides on cash capital increase

Ringmetall SE

14/07/2016 16:37

July 14 (Reuters) - Ringmetall AG  HP3G.DE : 
    * Decides on cash capital increase excluding subscription 
rights of up to about ten percent of share capital 
    * Share capital of Ringmetall shall be increased by nominal 
up to 2,288,000 euros ($2.54 million) to up to 25,168,000 euros 
    * Proceeds from transaction are intended to finance further 
internal and external growth of Ringmetall and to form basis for 
further corporate acquisitions 
 
Source text for Eikon:  ID:nEQb2Kkvn  
Further company coverage:  HP3G.DE  
 
($1 = 0.9003 euros) 
 
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