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UMD — UMT United Mobility Technology AG News Story

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Brief: UMT United Mobility Technology resolves cash capital increase

May 24 (Reuters) - UMT United Mobility Technology AG 
 UMD.DE : 
    * Resolves cash capital increase 
    * New shares will be offered to selected investors in a 
private placement at an issue price of 1.25 euros per share 
    * Intends to invest the proceeds in the further development 
of its own technology platform and in creating a loyalty product 
for new customers. 
    * To increase capital by up to 1,588,805.00 euros by issuing 
up to 1,588,805 new no par value bearer shares 
 
Source text for Eikon:  ID:nEQ40YYvGa  
Further company coverage:  UMD.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))

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