Brief: SNP Schneider-Neureither & Partner Resolves On Capital Increase

SNP Schneider-Neureither & Partner SE

15/07/2020 16:50

July 15 (Reuters) - SNP SCHNEIDER NEUREITHER & PARTNER SE
 SHFG.DE :
    * RESOLVES ON CAPITAL INCREASE FROM AUTHORIZED CAPITAL
    * TO INCREASE COMPANY'S SHARE CAPITAL BY UP TO 9.2% WITH
EXCLUSION
OF SHAREHOLDERS' SUBSCRIPTION RIGHTS
    * COMPANY'S SHARE CAPITAL WILL INCREASE FROM EUR 6,602,447
TO EUR
7,212,447 THROUGH ISSUING UP TO 610,000 NEW NO-PAR-VALUE SHARES
WITH A NOMINAL SHARE OF SHARE CAPITAL OF EUR 1.00 PER SHARE
    * NEW SHARES ARE ENTITLED TO DIVIDENDS IN 2020 FISCAL YEAR
BEGINNING ON JANUARY 1, 2020, AND WILL CARRY SAME RIGHTS AS
EXISTING SHARES
    * NET ISSUE PROCEEDS FROM CAPITAL INCREASE WILL MAINLY BE
USED TO
IMPROVE COMPANY'S EQUITY BASE AS WELL AS TO FINANCE COMPANY'S
GROWTH STRATEGY

Source text for Eikon:  ID:nEQb3TXhha 
Further company coverage:  SHFG.DE 

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