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BRIEF-Aeolian Investment Fund increases the nominal value of shares from EUR 1.12 to EUR 5.60 with reverse split
June 20, 2017 / 12:05 PM / a month ago

BRIEF-Aeolian Investment Fund increases the nominal value of shares from EUR 1.12 to EUR 5.60 with reverse split

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June 20 (Reuters) - AEOLIAN INVESTMENT FUND SA

* DECIDES TO INCREASE THE NOMINAL VALUE OF SHARES FROM EUR 1.12 TO EUR 5.60 WITH REVERSE SPLIT, THE NUMBER WILL BE REDUCED FROM 11.178.000 TO 2.235.600

* INCREASE IN THE SHARE CAPITAL BY € 9.8 MILLION WITH AN EQUAL CAPITALIZATION OF PART OF THE SHARE PREMIUM ACCOUNT

* AND AN INCREASE OF THE NOMINAL VALUE OF THE SHARE FROM EUR 5.60 TO EUR 10

* THE REDUCTION OF THE SHARE CAPITAL OF THE COMPANY BY THE AMOUNT OF EUR 7. 3 MILLION BY REDUCING THE NOMINAL VALUE OF THE SHARE FROM EURO 3,60 TO EURO 0,35

* REPAYMENT OF THE AMOUNT OF THE CAPITAL REDUCTION BY CASH PAYMENT TO THE SHAREHOLDERS, IE € 3.25 PER SHARE

* SAYS FOLLOWING THE ABOVE REDUCTION, THE SHARE CAPITAL OF THE COMPANY WILL AMOUNT TO EUR 782,460.00 AND WILL BE DIVIDED INTO 2.2 MILLION SHARES OF NOMINAL VALUE EUR 0,35 EACH Source text: bit.ly/2ryPOkM Further company coverage: (Gdynia Newsroom)

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