Poland's IT distibutor Action to issue shares via private placement

WARSAW, April 17 Thu Apr 17, 2014 3:43am EDT

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WARSAW, April 17 (Reuters) - Polish IT and computer equipment distributor Action will issue up to 1.46 million new shares, or 8.8 percent of its current capital, and sell them via a private placing, the company said in a statement on Thursday.

Shares in Action were trading down 2.44 percent at 47.61 zlotys by 0757 GMT. (Reporting by Marcin Goettig; Editing by Greg Mahlich)