Brief: UCapital24 Proposes Two Capital Hikes

Ucapital24 SpA

13/06/2023 06:35

June 13 (Reuters) - UCapital24 SpA  U24.MI :
    * SAID ON MONDAY BOARD PROPOSED TWO CAPITAL HIKES 
    * FIRST CAPITAL HIKE FOR UP TO EUR 1.5 MLN AND 4,687,500 NEW
ORDINARY SHARES, RESERVED TO MAJORITY SHAREHOLDER UCAPITAL LTD
TO BE COMPLETED BY JUNE 30 TO COMPENSATE FY22 LOSSES
    * SECOND CAPITAL HIKE FOR UP TO EUR 3 MLN AND 9,375,000 NEW
ORDINARY SHARES, AIMED AT PURSUING INVESTMENT, DEVELOPMENT
STRATEGY

        
 Further company coverage:  U24.MI  

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