Brief: TXM Plans To Issue New Shares And Convertible Bonds

TXM SA w upadlosci

14/06/2018 07:23

June 14 (Reuters) - TXM SA  TXM.WA :
    * SAID ON WEDNESDAY THAT ITS SHAREHOLDERS WILL VOTE ON JULY
10 ON
SHARE CAPITAL INCREASE BY NO MORE THAN 8.6 MILLION ZLOTYS
THROUGH ISSUANCE OF UP TO 4.3 MILLION SERIES G SHARES 
    * SERIES G SHARES WILL BE OFFERED IN PRIVATE SUBSCRIPTION
WITHOUT
PRE-EMPTIVE RIGHTS AT ISSUE PRICE OF 2 ZLOTYS PER SHARE
    * ENTRIES IN OFFER CAN BE FILED TILL SEPT. 24, 2018
    * SHAREHOLDERS WILL ALSO VOTE ON CONDITIONAL SHARE CAPITAL
INCREASE BY NO MORE THAN 21 MILLION ZLOTYS THROUGH ISSUANCE OF
UP TO 10.5 MILLION SERIES A BONDS CONVERTIBLE TO SERIES H SHARES
    * BONDS WILL BE OFFERED UNTIL SEPT. 30, 2018 
    * SERIES A BONDS WILL BEAR 8 PERCENT FIXED RATE PER ANNUM
    * ONE BOND WILL ENTITLE BONDHOLDER TO ACQUIRE ONE SERIES H
SHARE 
    * ISSUE PRICE OF ONE SERIES H SHARE TO BE EQUAL TO
CONVERSION
PRICE AND TO NOMINAL VALUE OF ONE BOND

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM4L7g6Ta
    
 Further company coverage:  TXM.WA  
   


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