June 30, 2020 / 12:51 PM / a month ago

BRIEF-Ledgertech: Capital Increase To Implement Acquisition In Solidmind Nutrition GmbH

June 30 (Reuters) - LEDGERTECH SE:

* CAPITAL INCREASE IN KIND TO IMPLEMENT THE ACQUISITION OF SHARES IN SOLIDMIND NUTRITION GMBH

* IMPLEMENTATION OF THE TAKEOVER OF 72.5 % OF THE SHARES OF SOLIDMIND NUTRITION GMBH (SOLIDMIND) RESOLVED A CAPITAL INCREASE THROUGH CONTRIBUTIONS IN KIND

* TO INCREASE THE COMPANY’S SHARE CAPITAL OF EUR 1,525,000.00 BY EUR 725,000.00 TO EUR 2,250,000.00 BY ISSUING 725,000 NEW SHARES WITH DIVIDEND RIGHTS FROM JANUARY 1, 2020

* SHARES IN SOLIDMIND FOR EUR 6,875,000.00 SUBJECT TO A CONDITION PRECEDENT ACQUIRED THE FULL PURCHASE PRICE PAYMEN Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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