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BRIEF-Asknet AGM decides to reduce capital
July 6, 2017 / 2:23 PM / 5 months ago

BRIEF-Asknet AGM decides to reduce capital

July 6 (Reuters) - ASKNET AG:

* ASKNET AGM DECIDES TO REDUCE CAPITAL

* ‍ORDINARY CAPITAL REDUCTION WILL MAKE IT POSSIBLE TO OFFSET NET LOSS POSTED IN BALANCE SHEET AS AT DECEMBER 31, 2016 AND TO RESTRUCTURE COMPANY‘S EQUITY CAPITAL​

* NOMINAL CAPITAL REDUCTION WILL BE MADE IN A 10:1 REVERSE STOCK SPLIT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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