February 12, 2019 / 6:46 AM / 8 days ago

BRIEF-SeniVita Social Estate Decides On Capital Reduction

Feb 12(Reuters) - SENIVITA SOCIAL ESTATE AG IPO-SEN.F

* SAID ON MONDAY IT DECIDES ON SIMPLIFIED CAPITAL REDUCTION WITH RATIO 5:1

* SHARE CAPITAL DECREASES FROM EUR 10.0 MILLION TO EUR 2.0 MILLION

* POSSIBLE IMPROVEMENT OF CONVERSION RATIO IN FAVOR OF CONVERTIBLE BOND HOLDERS IN LIGHT OF PLANNED IPO

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Further company coverage: (Gdynia Newsroom)

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