May 24 (Reuters) - UMT United Mobility Technology AG :
* Resolves cash capital increase
* New shares will be offered to selected investors in a private placement at an issue price of 1.25 euros per share
* Intends to invest the proceeds in the further development of its own technology platform and in creating a loyalty product for new customers.
* To increase capital by up to 1,588,805.00 euros by issuing up to 1,588,805 new no par value bearer shares Source text for Eikon: Further company coverage: (Gdynia Newsroom)