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BRIEF-Varengold Bank plans cash capital increase with indirect subscription right
April 27, 2017 / 10:59 AM / 7 months ago

BRIEF-Varengold Bank plans cash capital increase with indirect subscription right

April 27 (Reuters) - Varengold Bank AG:

* Planned cash capital increase with indirect subscription right

* To implement capital increase against cash contributions with indirect subscription right for existing shareholders by means of authorised capital 2016 by end of H1 of 2017

* Planned strengthening of bank’s own capital base is intended to provide a solid foundation for extending business activities Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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