March 12, 2018 / 10:22 AM / 3 months ago

BRIEF-​Medios: Capital Increase In Kind, Forecast For 2018

March 12 (Reuters) - Medios AG:

* DGAP-ADHOC: ​MEDIOS AG PLANS CAPITAL INCREASE IN KIND FOR THE EXPANSION OF A BUSINESS SEGMENT AND ANNOUNCES ANNUAL FORECAST FOR 2018

* SIGNIFICANT INCREASE IN SALES AND EARNINGS EXPECTED FOR 2018 FINANCIAL YEAR

* A TOTAL OF 900,000 NEW SHARES ARE TO BE ISSUED IN EXCHANGE FOR CONTRIBUTION OF OPERATING UNITS

* INTENDS TO TAKE OVER SUBSTANTIAL OPERATING UNITS OF BERLINAPOTHEKE SCHNEIDER & OLESKI OHG

* SEES GROUP SALES OF AROUND 320 MILLION EUR (IFRS), EBT TOTALLING AROUND 11 MILLION EUROS (IFRS) FOR 2018

* PLANNED EBT FOR 2018 FINANCIAL YEAR DO NOT INCLUDE NON-CASH SPECIAL EFFECT FROM SHARE OPTION PLAN

* TO INCREASE COMPANY’S SHARE CAPITAL BY 0.9 MILLION EUROS FROM TO 14.6 MILLION EUROS

* ISSUANCE OF 900,000 NEW BEARER SHARES AT AN ISSUE PRICE OF 1.00 EURO EACH Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below