January 18, 2017 / 7:05 AM / 8 months ago

BRIEF-Miraculum to issue series W shares, change shares nominal value

Jan 18 (Reuters) - Miraculum SA :

* Said on Tuesday that its shareholders resolved to lower its capital and subsequently to increase its capital via the issue of series W shares

* To lower its capital to 17.3 million zlotys from 34.5 million zlotys via change of shares’ nominal value to 1.5 zloty per share from 3 zlotys per share

* To lower its capital to create reserve capital of 17.3 million zlotys which can be used only to cover losses

* Subsequently to increase its capital to 34.5 million zlotys via issue of 11,512,223 series W shares at the issue price of 1.5 zloty per share

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