October 9, 2019 / 5:51 AM / 11 days ago

BRIEF-Ulker Biskuvi's Shareholding In Unit Godiva Belgium To Decrease To 12.95% From 19.23% After Godiva's Capital Increase

Oct 9 (Reuters) - ULKER BISKUVI SANAYI:

* SAID ON TUESDAY ITS 19.2% OWNED UNIT GODIVA BELGIUM BVBA WILL INCREASE SHARE CAPITAL AS OTHER SHAREHOLDERS WILL USE THEIR RECEIVABLES FROM GODIVA BELGIUM AMOUNTING TO EUR 564.7 MILLION IN CAPITAL INCREASE

* ULKER BISKUVI DECIDED NOT TO PARTICIPATE IN CAPITAL INCREASE

* AFTER CAPITAL INCREASE IN GODIVA BELGIUM, ULKER BISKUVI’S SHARE WILL DECREASE TO 12.95% FROM 19.23%

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