Brief: TC Unterhaltungselektronik Says Board Resolves Capital Increase Against Cash Contributions From Authorized Capital

TC Unterhaltungselektronik AG

15/09/2021 22:22

Sept 15 (Reuters) - TC Unterhaltungselektronik AG  TCUG.F :
    * BOARD OF MANAGEMENT RESOLVES CAPITAL INCREASE AGAINST CASH
CONTRIBUTIONS FROM AUTHORIZED CAPITAL
    * INCREASE CORRESPONDS TO APPROXIMATELY 20% OF EXISTING
CAPITAL
STOCK
    * NEW SHARES WILL BE ISSUED AT AN AMOUNT OF EUR1.00 PER
NO-PAR
VALUE SHARE
    * NEW SHARES WILL BE OFFERED TO EXISTING SHAREHOLDERS FOR
SUBSCRIPTION AT A RATIO OF 1:5

Source text for Eikon:  ID:nPexj0GB3a 
Further company coverage:  TCUG.F 

 ((Reuters.Briefs@thomsonreuters.com;))