June 3, 2020 / 3:49 PM / a month ago

BRIEF-Medios Resolves On Capital Increase Up To 10% Of Share Capital

June 3 (Reuters) - MEDIOS AG:

* RESOLVES ON CAPITAL INCREASE AGAINST CASH CONTRIBUTIONS OF UP TO ALMOST 10% OF THE SHARE CAPITAL

* COMPANY’S SHARE CAPITAL OF CURRENTLY EUR 14,628,590.00 IS EXPECTED TO INCREASE BY UP TO ALMOST 10%

* TO INCREASE BY ISSUING UP TO 1,456,401 NEW NO-PAR VALUE BEARER SHARES

* STATUTORY SUBSCRIPTION RIGHTS OF SHAREHOLDERS ARE EXCLUDED

* NEW SHARES CARRY SAME RIGHTS AS EXISTING SHARES AND WILL BE ADMITTED TO TRADING ON REGULATED MARKET OF FRANKFURT STOCK EXCHANGE

* FIRST TRADING DAY OF NEW SHARES IS EXPECTED TO BE JUNE 5, 2020

* DELIVERY OF NEW SHARES IS ENVISAGED FOR MONDAY, 8 JUNE 2020

* PLACEMENT PRICE AND EXACT NUMBER OF NEW SHARES TO BE ISSUED WILL BE DETERMINED BY MANAGEMENT BOARD WITH APPROVAL OF SUPERVISORY BOARD AFTER COMPLETION OF PLACEMENT PROCEDURE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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