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BRIEF-Highlight Communications raises capital by issuing 15.75 mln shares
June 12, 2017 / 5:27 AM / in a month

BRIEF-Highlight Communications raises capital by issuing 15.75 mln shares

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June 12 (Reuters) - HIGHLIGHT COMMUNICATIONS AG:

* Increases Capital by Issuing 15.75 Million Shares

* SUBSCRIPTION PRICE SET AT EUR 5.50 PER SHARE, COMPANY TO RAISE EUR 81.9 MILLION

* SHARES FULLY PLACED WITH HIGHLIGHT EVENT AND ENTERTAINMENT AG, WHO OBTAINS 25.0 PERCENT SHARE IN HIGHLIGHT COMMUNICATIONS

* TRANSACTION INTENDED TO PREPARE POSSIBLE TAKEOVER OFFER TO CONSTANTIN MEDIEN SHAREHOLDERS, WHICH AFTER CAPITAL INCREASE STILL HOLDS C. 45.4% IN HIGHLIGHT COMMUNICATIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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