LEIFHEIT AG Leifheit Aktiengesellschaft: Management Board of Leifheit AG intends capital increase from the company's funds at a ratio of 1:1 by issuing bonus shares
Leifheit Aktiengesellschaft / Key word(s): Corporate Action/Capital Increase 08-March-2017 / 15:13 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
Nassau, March 8, 2017 - The management board of Leifheit AG decided today to propose a capital increase from the company's funds at a ratio of 1:1 to the Annual General Meeting scheduled for 24 May 2017 to further enhance the liquidity in the stock. As a result, the share capital shall be doubled from at present EUR 15 m to EUR 30 m by converting retained earnings. This measure has no impact on the volume of the company's balance sheet equity. Therefore every shareholder would receive one additional share (so-called bonus share) for each Leifheit share held without additional payment. The share of equity for every shareholder would remain unchanged. The new shares shall be entitled to participate in profits from 1 January 2017.
Nassau, March 8, 2017 - The management board of Leifheit AG decided today to propose a capital increase from the company's funds at a ratio of 1:1 to the Annual General Meeting scheduled for 24 May 2017 to further enhance the liquidity in the stock. As a result, the share capital shall be doubled from at present EUR 15 m to EUR 30 m by converting retained earnings. This measure has no impact on the volume of the company's balance sheet equity. Therefore every shareholder would receive one additional share (so-called bonus share) for each Leifheit share held without additional payment. The share of equity for every shareholder would remain unchanged. The new shares shall be entitled to participate in profits from 1 January 2017.
Contact:
Leifheit AG
D-56377 Nassau
ir@leifheit.com
+49 2604 977218
End of Announcement DGAP News Service
Leifheit AG published this content on 08 March 2017 and is solely responsible for the information contained herein.
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