Fintech Group, Austrian Post achieve milestone in establishing joint venture

Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Fintech Group Ag ::Says Fintech Group and Austrian Post achieved first milestone in establishing their 50/50 joint venture.Says Austrian Post signed 1,225,761 new shares issued in a cash capital increase out of the authorised capital of Fintech Group at eur 28.50 per share in the total amount of around eur 35 million.Says registration of capital increase at commercial register with effect from September 24, 2018.Says Austrian Post holds a shareholding of 6.54% in Fintech Group post capital increase. 

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