July 6, 2017 / 3:00 PM / a month ago

BRIEF-Varengold Bank to propose cash capital increase to AGM

July 6 (Reuters) - VARENGOLD BANK AG:

* THE MANAGEMENT BOARD AND SUPERVISORY BOARD WILL PROPOSE TO THE ANNUAL GENERAL MEETING 2017 A CASH CAPITAL INCREASE WITH INDIRECT SUBSCRIPTION RIGHTS BY UP TO 100%

* WILL PROPOSE A CASH CAPITAL INCREASE FROM CURRENTLY EUR 4,140,282.00 BY UP TO EUR 4,140,282.00 ON UP TO EUR 8,280,564.00 TO ANNUAL GENERAL MEETING 2017

* REFERENCE PRICE WILL BE DETERMINED LATER Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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