Brief: ZM Ropczyce acquires 48.11 pct of ZM Invest for own shares

Zaklady Magnezytowe Ropczyce SA

29/11/2016 09:31

Nov 29 (Reuters) -  Zaklady Magnezytowe Ropczyce SA (ZM 
Ropczyce)  RPCP.WA : 
    * Said on Monday that 16 shareholders of ZM Invest SA have 
acquired 1.9 mln of the company's series E shares between Nov. 
24 and Nov. 28  
    * In exchange for its series E shares, ZM Ropczyce has 
acquired 2,139 shares of ZM Invest shares  
    * 2,139 shares represent 48.11 pct stake in ZM Invest  
    * Also decided not to proceed with the the second series E 
shares allocation as it previously resolved on Aug. 26 
 urn:newsml:reuters.com:*:nL8N1BA0JV and then upheld the issue on Nov. 16  urn:newsml:reuters.com:*:nL8N1DI2WX 
 
 
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2871979 
     
 Further company coverage:  RPCP.WA   
    
 
 
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