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BRIEF-Invision: intended placement of shares held by executive board
October 19, 2017 / 1:28 PM / a month ago

BRIEF-Invision: intended placement of shares held by executive board

Oct 19 (Reuters) - INVISION AG:

* DGAP-ADHOC: INVISION AG: INTENDED PLACEMENT OF DIRECTLY AND INDIRECTLY HELD SHARES BY THE EXECUTIVE BOARD

* ‍ARMAND ZOHARI INTENDS TO REDUCE ITS INTERESTS IN INVISION AG TO A MAXIMUM OF 13 PERCENT WITHIN NEXT 18 MONTHS​

* ‍50 PERCENT SHARE OF ZOHARI IN INVISION HOLDING GMBH WILL BE WITHDRAWN BY END OF THIS YEAR​

* ‍CHAIRMAN OF EXECUTIVE BOARD, PETER BOLLENBECK WILL REMAIN AS SOLE SHAREHOLDER OF INVISION HOLDING GMBH​

* ‍PETER BOLLENBECK INTENDS TO INCREASE ITS INTERESTS IN INVISION AG TO UP TO 30 PERCENT OVER NEXT 18 MONTHS​

* PETER BOLLENBECK, ARMAND ZOHARI AND MATTHIAS SCHROER, INTEND NOT TO FALL BELOW A STAKE OF 50 PERCENT IN LONG TERM​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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