April 23, 2018 / 8:32 AM / a month ago

BRIEF-Ruch Chorzow Raises Share Capital To 54.7 Mln Zlotys

April 23 (Reuters) - RUCH CHORZOW SA:

* SAID ON SATURDAY IT RESOLVED TO RAISE SHARE CAPITAL TO 32.9 MILLION ZLOTYS FROM 30.9 MILLION ZLOTYS THROUGH ISSUANCE OF 2.0 MILLION SERIES W SHARES

* COMPANY SIGNED AGREEMENT WITH CITY OF CHORZOW FOR ACQUISITION OF 2 MILLION SERIES W SHARES AT ISSUE PRICE OF 1 ZLOTY PER SHARE

* FOLLOWING AGREEMENT WITH CREDITORS CONCERNING CONVERSION OF RECEIVABLES INTO SHARES COMPANY RESOLVED TO INCREASE ITS SHARE CAPITAL FROM 32.9 MILLION ZLOTYS TO 54.7 MILLION ZLOTYS THROUGH CREATING 21,854,094 NEW SERIES X SHARES

Source texts for Eikon:,

Further company coverage: (Gdynia Newsroom)

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