May 28, 2019 / 5:17 AM / 6 months ago

BRIEF-Silvano Fashion Group To Propose Reduction Of Share Capital By EUR 0.10 Per Share

May 28 (Reuters) - Silvano Fashion Group AS:

* SAID ON MONDAY TO PROPOSE AT EXTRAORDINARY GENERAL MEETING ON JUNE 19 REDUCTION OF SHARE CAPITAL BY A REDUCTION OF THE NOMINAL VALUE OF THE SHARES BY EUR 0.10 PER SHARE AND RETURN THE AMOUNT TO SHAREHOLDERS

* FOLLOWING THE DECISION, THE NEW SHARE CAPITAL WILL AMOUNT TO EUR 3.6 MILLION DIVIDED INTO 36.0 MILLION SHARES WITH A NOMINAL VALUE OF EUR 0.10 PER SHARE Source text for Eikon: bit.ly/2HFcSJ1

Further company coverage: (Gdynia Newsroom)

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