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TWL — TraWell SpA News Story

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Brief: TraWell Proposes Two Operations Aimed At Voluntary Share Capital Reduction

May 10 (Reuters) - TraWell SpA  TRWL.MI :
    * SAID ON THURSDAY BOARD PROPOSED OPERATION AIMED AT ZEROING
OUT
PAST LOSSES, WITH ACCOUNTING ALLOCATION OF EXISTING RESERVES
(FOR EUR 5.8 MLN) AND PARTIAL VOLUNTARY REDUCTION OF SHARE
CAPITAL (FOR EUR 4.3 MLN)
    * PROPOSED SECOND OPERATION AIMED AT REDUCING SHARE CAPITAL
OF FOR
EUR 7 MLN

        
 Further company coverage:  TRWL.MI  

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