Brief: Ialbatros Group carries out mergers of its units

Satis SA

04/07/2016 15:25

July 4 (Reuters) - Ialbatros Group  SA  IAGP.WA : 
    * Reported on Friday that it reorganizes its group through 
merger of its units 
    * Based on the plan, company conducts merger of Xantus and  
Recrutia as well as merger of iAlbatros and GTMS 
    * Merger of Xantus and Recrutia will be conducted through 
the transferring of all of  Recrutia's assets to Xantus 
    * As the acquiring company, Xantus will not issue new shares 
and increase share capital 
    * Merger of GTMS and iAlbatros will be conducted through the 
transferring of all of iAlbatros assets to GTMS 
    * Following merger of iAlbatros and GTMS, there will be 
increase of share capital, based on which the sole shareholder 
of both companies will receive new shares, according to the 
exchange ratio specified in merger plan 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM0149309 
     
 Further company coverage:  IAGP.WA   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))