Analyst Research

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Provider: Reuters Investment Profile
Provider: Alta Invest
Provider: Alta Invest
Provider: Alta Invest

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Sava Re dd Increases Share Capital

Friday, 11 Jan 2013 09:45am EST 

Sava Re dd announced that its capital shall be increased through monetary contributions of no more than EUR 32,787,276.75, by issuing no more than 7,857,143 new ordinary registered freely transferable no-par-value shares, which are of the same class as existing shares. Following the capital increase the share capital of the Company does not exceed EUR 71,856,376.23. The issue price (purchase price) for one newly issued share shall be not less than EUR 7 and no more than EUR 9. The issue price for one newly issued share shall be determined by the Management Board of the Company with the consent of the Supervisory Board, where the total issue price of all newly issued shares as per this resolution shall not exceed EUR 55,000,001, with regard to which the final number of newly issued shares shall be adjusted accordingly. 

Company Quote

0.05 +0.33%
20 Aug 2014