Brief: ZM Ropczyce changes conditions of series E share issue

Zaklady Magnezytowe Ropczyce SA

17/11/2016 12:05

Nov 17 (Reuters) - Zaklady Magnezytowe Ropczyce SA (ZM 
Ropczyce)  RPCP.WA : 
    * Said on Wednesday that it resolved to repeal its 
resolution from Aug. 26 on the issue of 2,994,348 series A 
warrants, related to new series E shares 
    * Resolved to repeal its resolution from Aug. 26 on issue of 
2,994,348 series E shares  
    * Decided to repeal both resolutions because series A 
warrants  were not acquired by eligible entity by the deadline 
on Aug. 31  
    * The management board still intends to carry out series E 
shares issue and thus changed the resolutions concerning the 
issue 
    * According to the modified resolutions, the series E shares 
will be offered to shareholders of ZM Invest in exchange for ZM 
Invest's shares within the first share allocation until Nov. 28  
    * Within the second share allocation, the shares, which 
still has not been allocated, will be offered to other investors 
than shareholders of ZM Invest from Jan. 2 till Feb. 20, 2017  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1670193 
     
 Further company coverage:  RPCP.WA   
    
 
 
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