Brief: Schumag Plans Capital Increase

SchumAG AG

14/07/2020 14:03

July 14 (Reuters) - Schumag AG  SCMG.F :
    * PLANS CAPITAL INCREASE
    * CAPITAL INCREASE IS EXPECTED TO BE CARRIED OUT IN AUGUST /
SEPTEMBER 2020 USING THE AUTHORIZED CAPITAL AND THE GRANTING OF
THE STATUTORY SUBSCRIPTION RIGHT FOR THE SHAREHOLDERS
    * ASSUMES THAT WITHOUT THE CAPITAL INCREASE FROM THE
REORGANIZATION PROCESS IN FINANCIAL YEAR 2019/2020 IT WILL HAVE
ACHIEVED EXTRAORDINARY INCOME OF AROUND EUR 5 MILLION

Source text for Eikon:  ID:nPexR9NnJa 
Further company coverage:  SCMG.F 

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