February 6, 2018 / 7:07 AM / 3 months ago

BRIEF-ZPC Otmuchow Plans To Issue Up To 12.7 Mln Series E Shares

Feb 6(Reuters) - ZAKLADY PRZEMYSLU CUKIERNICZEGO OTMUCHOW SA:

* SAID ON MONDAY THAT ITS SHAREHOLDERS WILL VOTE ON MARCH 5 ON SHARE CAPITAL RAISE VIA SERIES E SHARES ISSUE

* PLANS TO RAISE CAPITAL BY NOT LESS THAN 0.20 ZLOTYS AND NOT MORE THAN 2.5 MLN ZLOTYS

* TO ISSUE UP TO 12.7 MLN SERIES E SHARES AT NOMINAL VALUE OF 0.20 ZLOTYS PER SHARE IN CLOSED SUBSCRIPTION

* COMPANY’S SHAREHOLDERS TO HAVE RIGHTS ISSUE OF 1 NEW SHARE FOR EVERY 1 SHARE HELD

* SERIES E SHARES TO BE PAID FOR IN CASH

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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