Analyst Research

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Provider : Wright Reports
Provider : Reuters Investment Profile
Provider : Sadif Analytics Prime
Provider : Sadif Analytics Prime

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S&T AG resolves on cash capital increase

Thursday, 3 Jul 2014 01:36pm EDT 

S&T AG:Says board resolved on capital increase for cash of up to 10 pct of its current share capital under exclusion of shareholder subscription rights.Says company's share capital is to be increased, through the partial exercise of company's authorised capital, by up to 3,933,745.00 euros from 39,337,459.00 euros at present to 43,271,204.00, euros against cash contributions by issuing up to 3,933,745 no-par value shares.Says net issue proceeds from the capital increase are intended to finance the ongoing organic and an-organic growth of S&T AG group.Says Hauck & Aufhaeuser Privatbankiers KGaA to be acting as sole bookrunner for the capital increase. 

Company Quote

25 Nov 2015