Brief: Ucapital24 Approves Terms, Conditions Of Capital Hike For Up To EUR 2.1 Mln

Ucapital24 SpA

08/11/2023 17:03

Nov 8 (Reuters) - UCapital24 SpA  U24.MI :
    * APPROVES TERMS, CONDITIONS OF CAPITAL HIKE FOR UP TO EUR
2.1
MILLION
    * TO ISSUE 14,124,900 NEW ORDINARY SHARES
    * OPTION RIGHTS TO BE EXERCISED BETWEEN NOV 13-30, INCLUDED
    * PRICE PER OFFERED SHARE IS EUR 0.15
    * TO OFFER SHAREHOLDERS 50 NEW SHARES FOR EVERY 23 SHARES
ALREADY
OWNED
    * MAJORITY SHAREHOLDER UCAPITAL LTD COMMUNICATED ITS
COMMITMENT TO
UNDERWRITE ALL OPTION RIGHTS RELATED TO ITS STAKE

Further company coverage:  U24.MI 

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