Brief: Simona Aktiengesellschaft Plans Stock Split

Simona AG

02/12/2020 13:19

Dec 2 (Reuters) - SIMONA AG  SIMG.F :
    * PLANS STOCK SPLIT
    * MANAGEMENT BOARD AND SUPERVISORY BOARD HAVE TODAY DECIDED
TO
PROPOSE A 1:10 STOCK SPLIT AT ANNUAL GENERAL MEETING ON 2 JUNE
2021
    * COMPANY'S SHARE CAPITAL IS TO BE REDIVIDED IN A RATIO OF
1:10
WITHOUT ISSUING NEW SHARES, THUS INCREASING NUMBER OF SHARES
TENFOLD (STOCK SPLIT)
    * EACH SHAREHOLDER WILL RECEIVE NINE ADDITIONAL SHARES FOR
EACH
SHARE HELD IN SIMONA AG AT REPORTING DATE
    * SHAREHOLDER STRUCTURE AND VOTING RIGHTS REMAIN UNCHANGED
    * ONLY NOTIONAL INTEREST IN SHARE CAPITAL PER SHARE WILL BE
DIVIDED INTO TEN PARTS

Source text for Eikon:  ID:nEQ2XsjBza 
Further company coverage:  SIMG.F 

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