Brief: United Labels decides on capital increase
19/11/2014 11:03
Nov 19 (Reuters) - United Labels AG ULCG.DE :
* Says resolution on capital increase from authorised
capital - subscription price for new shares stands at 1.55 euros
* Says management board passed a resolution to utilise
authorised capital for increasing share capital from
4,200,000.00 euros to up to 6,300,000.00 euros
* Says in case of full placement of aforementioned new
shares, company would receive proceeds of 3,255,000.00 euros
from issuance
* Says subscription period for shareholders is expected to
commence on Nov. 24 (estimated) and cease at end of Dec.
8(estimated)
Source text for Eikon: ID:nEQ5scTHZa
Further company coverage: ULCG.DE
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Keywords: UNITEDLABELS/BRIEF