May 24, 2016 / 12:21 PM / a year ago

BRIEF-UMT United Mobility Technology resolves cash capital increase

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below