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Fast Casualwear AG resolves further capital increase


Monday, 10 Feb 2014 03:26pm EST 

Fast Casualwear AG:Says it will carry out a capital increase against cash using the authorized capital to issue 500,000 new shares at a price of 1.68 euro per share.Says share capital will increase by 500,000 euros to 12,700,000 euros.Says capital increase will be carried out excluding the right of subscription of the shareholders and subscribed solely by an unrelated individual investor.Says new shares shall carry dividend rights for the financial year 2013.Says gross proceeds of the capital increase amounting 840,000 euros are to be used to support the overall working capital and further growth of the company. 

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