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CORRECTED-(OFFICIAL)-BRIEF-Varengold Bank to issue up to 1,217,730 new shares
May 9, 2017 / 3:23 PM / in 3 months

CORRECTED-(OFFICIAL)-BRIEF-Varengold Bank to issue up to 1,217,730 new shares

1 Min Read

(Corrects story from May 9. Company corrects number of shares to be issued and share capital amount after increase)

May 9 (Reuters) - VARENGOLD BANK AG:

* VARENGOLD BANK AG DECIDES ON DETAILS FOR AN INCREASE IN CAPITAL FROM AUTHORISED CAPITAL WITH INDIRECT SUBSCRIPTION RIGHTS OF UP TO 1,217,730 NEW SHARES

* UP TO 1,217,730 NEW SHARES ARE MEANT TO BE OFFERED AND THUS, SHARE CAPITAL OF COMPANY WILL BE INCREASED TO EUR 4,140,282.00

* SUBSCRIPTION PERIOD IS TWO WEEKS FROM 15 MAY 2017 UNTIL 29 MAY 2017

* Subscription Price Has Been Fixed at Eur 3.99 Per Share

* CAPITAL WILL BE INCREASED ONLY IF AT LEAST 300,000 SHARES HAVE BEEN SUBSCRIBED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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