February 23, 2017 / 2:27 PM / 6 months ago

BRIEF-Twintec says changes name to Baumot Group, reduces share capital

Feb 23 (Reuters) - Twintec AG:

* Twintec AG is now trading under name Baumot Group AG

* Capital reduction in a ratio of 5:3

* Share capital will be reduced by 18,427,150.00 euros ($19.48 million) from 46,067,875.00 euros to 27,640,725.00 euros, divided into 27,640,725 bearer shares with a nominal value of 1.00 euro each Source text for Eikon: Further company coverage: ($1 = 0.9457 euros) (Gdynia Newsroom)

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