October 18, 2016 / 6:11 AM / 9 months ago

BRIEF-Pininfarina proposes capital increase of up to EUR 26.5 mln

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Oct 18 (Reuters) - Pininfarina SpA :

* Said on Monday it proposed a capital increase of up to 26.5 million euros ($29.68 million), premium included

* Majority shareholder PF Holdings BV committed to subscribing to at least 20.0 million euros, premium included

* PF Holdings BV has granted the company financing for 16.0 million euros and the right to use the sum to subscribe to the capital increase through compensation

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Further company coverage:

$1 = 0.8928 euros Gdynia Newsroom

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