Brief: Schmolz & Bickenbach Announces Details Of Its Planned Capital Increase

Swiss Steel Holding AG

10/12/2019 06:03

Dec 10 (Reuters) - SCHMOLZ+BICKENBACH AG  STLN.S :
    * ANNOUNCES DETAILS OF ITS PLANNED CAPITAL INCREASE BY WAY
OF A
RIGHTS OFFERING AND AN INTERNATIONAL OFFERING
    * GROSS PROCEEDS FROM CAPITAL INCREASE ARE ENVISAGED TO BE
AT
LEAST CHF 325 MILLION
    * LISTING AND FIRST DAY OF TRADING OF NEW REGISTERED SHARES
ON SIX
SWISS EXCHANGE ARE EXPECTED TO TAKE PLACE ON JANUARY 9, 2020
    * RIGHTS EXERCISE PERIOD IS EXPECTED TO RUN FROM DECEMBER
12, 2019
TO DECEMBER 18, 2019, 12:00 NOON

Source text: https://bit.ly/2PwS0pY
Further company coverage:  STLN.S 

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