Lenzing AG

EANS-Adhoc: Lenzing AG
Extraordinary shareholders' meeting approves resolutions on share split and on authorized and conditional capital

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Company Information


The extraordinary shareholders' meeting of Lenzing AG today unanimously resolved upon a seven-for-one share split. Furthermore, the shareholders with 99,9 % of the vote resolved upon the creation of authorized capital to issue new shares against cash or contribution in kind, as well as the creation of conditional capital to issue convertible bonds, both with the authorization for the management board to exclude shareholders' subscription rights under certain conditions with the approval of the supervisory board.

The share split fulfills the long-standing request to facilitate trading in the Lenzing share. The resolutions concerning authorized and conditional capital provide Lenzing AG with a high degree of flexibility to support the future growth of the company.

end of announcement                               euro adhoc

Further inquiry note:

Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-96301

Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official market

Original-Content von: Lenzing AG, übermittelt durch news aktuell

Weitere Meldungen: Lenzing AG

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