December 19, 2017 / 11:52 AM / a year ago

BRIEF-CFI Holding To Lower Nominal Value Of Shares, Issue New Ones

Dec 19 (Reuters) - CFI HOLDING SA:

* SAID ON MONDAY THAT ITS SHAREHOLDERS RESOLVED TO LOWER SHARE CAPITAL BY 22.1 MILLION ZLOTYS FROM 58.2 MILLION ZLOTYS TO COVER LOSSES FROM PREVIOUS YEARS

* THE NOMINAL VALUE OF SHARES WILL BE LOWERED TO 0.31 ZLOTY PER SHARE FROM 0.50 ZLOTY PER SHARE

* ITS SHAREHOLDERS ALSO DECIDED TO RAISE CAPITAL VIA THE SERIES F SHARE ISSUE OF UP TO 3 BILLION SHARES AT THE ISSUE PRICE OF 0.31 ZLOTY PER SHARE

* THE SHARES WILL BE ISSUE VIA A PRIVATE SUBSCRIPTION WITHOUT PREEMPTIVE RIGHTS

* THEY ALSO RESOLVED TO REVOKE RESOLUTIONS SIX AND SEVEN VOTED ON APRIL 28

* THE RESOLUTIONS CONCERNED THE ISSUE OF SERIES D SUBSCRIPTION WARRANTS WITH RIGHTS TO ACQUIRE SERIES E SHARES AS WELL AS A CONDITIONAL SHARE CAPITAL INCREASE

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below