Brief: Weng Fine Art To Offer 100,000 Treasury Stocks In 2022 In US And Germany
06/01/2022 10:32
Jan 6 (Reuters) - WENG FINE ART AG WFTG.DE :
* BOARD HAS DECIDED TO OFFER THE REMAINING 100,000 SHARES OF
"TREASURY STOCK" IN 2022 NOT ONLY TO PROFESSIONAL INVESTORS IN
THE USA, BUT ALSO IN GERMANY
* MANAGEMENT HOPES FOR TOTAL PROCEEDS OF AT LEAST EUR 4
MILLION
FROM THE SALES, WHICH WOULD FLOW DIRECTLY INTO THE COMPANY'S
EQUITY
* CORRESPONDING PROCEEDS WOULD PRIMARILY BE USED FOR
POSSIBLE
STAKE ACQUISITIONS
Source text for Eikon: ID:nPexQZcBMa
Further company coverage: WFTG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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