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8 months ago
BRIEF-PG Nikas signs convention with Givenrise to strengthen capital
January 2, 2017 / 8:22 AM / 8 months ago

BRIEF-PG Nikas signs convention with Givenrise to strengthen capital

Jan 2 (Reuters) - PG Nikas SA :

* Says signs convention with Givenrise Investments Limited to strengthen capital of the company and units

* General meeting to decide increasing and decreasing nominal value of Nikas shares (reverse split 10:1)

* General meeting to decide increasing share capital in favour of the existing shareholders totalling c. 23.3 million euros ($24.50 million)

* Givenrise Investments to become shareholder of Nikas before general meeting and to cover the unsubscribed shares

Source text : bit.ly/2iog7bt

Further company coverage:

$1 = 0.9508 euros Gdynia Newsroom

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