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BRIEF-Vita 34 updates on planned capital increase and changes in management
June 12, 2017 / 3:53 PM / a month ago

BRIEF-Vita 34 updates on planned capital increase and changes in management

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June 12 (Reuters) - VITA 34 AG

* DGAP-ADHOC: VITA 34 AG UPDATES ON PLANNED CAPITAL INCREASE AND CHANGES IN THE MANAGEMENT

* PLANS A CAPITAL INCREASE IN AMOUNT OF ABOUT 10 % CLOSE TO CURRENT MARKET PRICE WITH A STRATEGIC INVESTOR TO FINANCE TAKEOVER OF SERACELL PHARMA AG

* DISMISSES CHAIRMAN OF MANAGEMENT BOARD, DR. ANDRÉ GERTH, WITH IMMEDIATE EFFECT AND APPOINTS MEMBER OF SUPERVISORY BOARD AND LAWYER, ALEXANDER STARKE, AS A INTERIM MEMBER OF MANAGEMENT BOARD

* APPOINTS MEMBER OF MANAGEMENT BOARD, DR. WOLFGANG KNIRSCH, AS NEW CHAIRMAN OF MANAGEMENT BOARD

* FURTHER CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS AND ISSUE PROCEEDS IN SCOPE OF UP TO EUR 5 MILLION PLANNED

* WILL REVISE FORECAST 2017 FOR VITA GROUP IN COMING WEEKS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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