Brief: TTL Beteiligungs- Und Grundbesitz-AG Will Not Carry Out Planned Capital Increase

TTL Beteiligungs und Grundbesitz AG

24/10/2018 05:42

Oct 24 (Reuters) - TTL Beteiligungs und Grundbesitz AG  TTOG.DE :
    * SAID ON MONDAY TTL BETEILIGUNGS- UND GRUNDBESITZ-AG WILL NOT CARRY OUT PLANNED CAPITAL
INCREASE
AND PLACEMENT OF SHARES FOR THE TIME BEING
    * DECIDED NOT TO CARRY OUT THE ANNOUNCED PLACEMENT OF A TOTAL OF 12,275,000 SHARES BY
ISSUING UP
TO 8,800,000 NEW SHARES FROM A CAPITAL INCREASE AND 3,475,000 EXISTING SHARES FROM THE HOLDINGS
OF EXISTING SHAREHOLDERS FOR THE TIME BEING
    * BACKGROUND TO THIS DECISION IS THE CURRENT DIFFICULT CAPITAL MARKET ENVIRONMENT

Source text for Eikon:  ID:nEQb8MWqya 
Further company coverage:  TTOG.DE 

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