Brief: Acotel Group FY Net Loss Widens To EUR 6.5 Mln

Softlab SpA

22/03/2018 06:39

March 22(Reuters) - ACOTEL GROUP SPA  ACO.MI : 
    * REPORTED ON WEDNESDAY FY NET LOSS EUR 6.5 MLN VS LOSS EUR
5.5
MLN YEAR AGO
    * FY TOTAL REVENUE EUR 18.9 MLN VS EUR 22.4 MLN YEAR AGO
    * AIMS TO ATTRACT THE FRESH CAPITAL NEEDED IN ORDER TO
ENSURE THE
GROUP IS ABLE TO CONTINUE AS A GOING CONCERN AT THE EARLIEST
OPPORTUNITY
    * SHAREHOLDERS CLAMA SRL AND MACLA SRL, HAVE CONFIRMED THEIR
WILLINGNESS TO VOTE IN FAVOUR OF A POTENTIAL CAPITAL INCREASE OF
UP TO EUR 5 MLN
    * CLAMA SRL AND MACLA SRL JOINTLY OWN ABOUT 57.4 PCT OF
ACOTEL
GROUP

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAVj0CW
    
 Further company coverage:  ACO.MI  
   


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