September 3, 2018 / 6:45 AM / 2 months ago

BRIEF-Weng Fine Art Begins To Sell Second Tranche Of Own Shares

Sept 3(Reuters) - WENG FINE ART AG:

* SAID ON FRIDAY IT BEGINS TO SELL SECOND TRANCHE OF ITS OWN SHARES

* SALE WILL TAKE PLACE FROM 4 SEPTEMBER UNTIL NO LATER THAN 30 NOVEMBER ON MUNICH STOCK EXCHANGE

* PRICE OF FIRST 15,000 SHARES IS AT LEAST EUR 12.50 AND PRICE OF REMAINING 10,000 SHARES IS AT LEAST EUR 13.50

* AFTER FULL PLACEMENT OF SHARES FROM SECOND TRANCHE, FREE FLOAT WOULD INCREASE TO 29%

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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