September 1, 2017 / 2:01 PM / 3 months ago

BRIEF-Elexxion says major shareholder increases stake

Sept 1 (Reuters) - ELEXXION AG:

* INCREASE IN SHAREHOLDING OF MAJOR SHAREHOLDER / MODIFICATION TERM OF THE APPOINTMENT OF MANAGEMENT BOARD MEMBER MARTIN WERNER KLARENAAR

* TIAN YING MEDICAL INSTRUMENT ACQUIRED FURTHER 30 PERCENT STAKE IN COMPANY‘S CAPITAL STOCK FROM PETER GREITHER

* ‍AS PART OF INCREASE IN SHAREHOLDING, TIAN YING HAS ALREADY CONFIRMED A FURTHER INVESTMENT OF AROUND EUR 430,000 TO ELEXXION AG​

* TO MODIFY TERM OF APPOINTMENT OF SOLE BOARD MEMBER, MARTIN WERNER KLARENAAR. TERM OF APPOINTMENT SHALL TERMINATE ON 31 DEC 2019​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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