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BRIEF-Kontron decides to increase its share capital by 10%
April 7, 2017 / 5:31 AM / 8 months ago

BRIEF-Kontron decides to increase its share capital by 10%

April 7 (Reuters) - Kontron AG:

* Said on Thursday decided that the share capital of the company shall be increased from currently 55,683,024.00 euros by 5,568,301.00 euros to 61,251,325.00 euros ($65.23 million) against cash contributions

* Issuance of 5,568,301 new bearer shares having a pro rata amount of the share capital of 1.00 euro per share with dividend right as of Jan. 1, 2016

* Excluding subscription rights of the existing shareholders the New Shares will be subscribed for a subscription price of 3.02 euros by S&T Deutschland Holding AG, Ismaning, holding currently about 29.9 percent of the share capital of the Company

* Company will cash in about 16.8 million euros (gross) from this capital increase

Source text for Eikon:

Further company coverage: ($1 = 0.9391 euros) (Gdynia Newsroom)

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