May 31, 2017 / 9:38 AM / 3 months ago

BRIEF-Varengold Bank: result of subscription offer of capital increase

May 31 (Reuters) - VARENGOLD BANK AG:

* VARENGOLD BANK AG: RESULT OF THE SUBSCRIPTION OFFER OF THE CAPITAL INCREASE FROM AUTHORISED CAPITAL WITH INDIRECT SUBSCRIPTION RIGHTS; PRIVATE PLACEMENT

* ‍39,513 NEW NO-PAR VALUE BEARER SHARES OF OFFERED WERE SUBSCRIBED WITHIN CAPITAL INCREASE WITH INDIRECT SUBSCRIPTION RIGHTS OF VARENGOLD BANK AG​

* ‍THUS, CAPITAL INCREASE WAS NOT SUBSCRIBED COMPLETELY AFTER EXPIRY OF SUBSCRIPTION PERIOD ON 29^TH MAY 2017​

* ‍AMOUNT OF SUBSCRIPTION RIGHTS OF UNSUBSCRIBED SHARES WILL BE OFFERED TO FIXED REFERENCE PRICE (EUR 3.99) TO SELECTED INVESTORS FOR SUBSCRIPTION AND ACQUISITION​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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