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
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