Brief: Schaltbau Holding resolves to sell treasury shares

Schaltbau Holding AG

27/09/2016 19:20

Sept 28 (Reuters) - Schaltbau Holding AG  SLTG.DE : 
    * Said on Tuesday resolved to sell treasury shares 
    * Had resolved to sell 125,000 treasury shares 
(corresponding to approx. 2.03% of issued share capital) out of 
the 132,645 treasury shares held by company, with the 
subscription rights of existing shareholders excluded 
    * Proceeds from the placement of treasury shares will 
increase company's financial flexibility in terms of general 
business operations on the one hand and for potential portfolio 
expansions on the other 
 
Source text for Eikon:  ID:nEQySSNf  
Further company coverage:  SLTG.DE  
 
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