Brief: Zemaitijos Pienas to change par value of shares from EUR 0.29 to EUR 1

Zemaitijos pienas AB

13/10/2016 07:34

Oct 13 (Reuters) - Zemaitijos Pienas AB  ZMP1L.VL : 
    * Board proposes extraordinary general meeting of shareholders to change par value of the 
shares of the company from 0.29 euro to 1 euro 
    * Board proposes instead of 48,375,000 ordinary shares with a par value of 0.29 euro each to 
issue 14,028,ordinary shares with a par value of 1 euro 
    * Shares will be distributed to the shareholders of the company in proportion to the amount 
of the shares held by them 
    * Board proposes to increase the number of board members of the company from 5 to 7 
 
Source text for Eikon:  ID:nVSE6wjF  
Further company coverage:  ZMP1L.VL  
 
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