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BRIEF-KGI ready to increase stake in European Metals, with conditions

Jan 17 (Reuters) - European Metals Holdings Ltd:

* KRUPA GLOBAL INVESTMENTS SAYS PREPARED TO SIGNIFICANTLY INCREASE STAKE IN EUROPEAN METALS HOLDINGS WITH CONDITIONS

* KRUPA GLOBAL INVESTMENTS SAYS CONDITIONS INCLUDE MOVING HQ TO EU, INCREASING TRANSPARENCY OF ITS OWNERSHIP STRUCTURE

* KRUPA GLOBAL INVESTMENTS SAYS ANNOUNCEMENT COMES IN AFTERMATH OF INDICATIVE OFFER BY KGI EXPRESSING INTEREST IN ACQUIRING EMH’S CZECH SUBSIDIARY; EMH HAS STATED IT WAS NOT CURRENTLY INTERESTED IN CONSIDERING OFFER Source text for Eikon: Further company coverage:

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