June 23, 2017 / 7:36 AM / 5 months ago

BRIEF-Meridie to delist after incorporation into own unit

June 23 (Reuters) - MERIDIE SPA:

* SAID ON THURSDAY THAT BOARD HAD APPROVED THE INCORPORATION OF MERIDIE IN ITS UNIT MERIDIE ADVISORY SRL

* MERIDIE ADVISORY SRL TO BECOME A JOINT-STOCK COMPANY

* EXCHANGE RATIO TO BE 1:1

* INCORPORATION ENTAILS A CAPITAL INCREASE FOR MERIDIE ADVISORY OF 31.1 MLN EUROS

* INCORPORATION TO LEAD TO THE DELISTING OF MERIDIE SHARES

* PRICE PER SHARE FOR THE WITHDRAWAL RIGHT IS SET AT EUR 0.0967

Source text: reut.rs/2tAKBuf

Further company coverage: (Gdynia Newsroom)

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