Brief: Starhedge resolves to lower its capital; issue series C shares

Starhedge SA

01/08/2016 10:14

Aug 1 (Reuters) - Starhedge SA  SHG.WA : 
    * Said on Saturday that its shareholders resolved to lower 
the company's capital via change of the shares nominal value to 
0.24 zloty ($0.06) per share from 1.44 zloty per share  
    * Resolved to allocate proceeds of 8.4 mln zlotys from 
lowering the capital to supplementary capital and covering the 
loss from previous years 
    * To issue up to 42,988,597 series C shares via private 
offer  
    * The company's management board recommends to set issue 
price of series C shares for 2.42 zlotys per share  
 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3053351 
     
 Further company coverage:  SHG.WA   
    
 
 
 
($1 = 3.9044 zlotys) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))