October 23, 2018 / 5:15 AM / 21 days ago

BRIEF-Poenina Holding: Terms Of Capital Increase And Increase Of Free Float

Oct 23 (Reuters) - POENINA HOLDING AG:

* ANNOUNCES TERMS OF THE PLANNED CAPITAL INCREASE AND AIMS TO INCREASE THE FREE FLOAT

* EXPECTED NET PROCEEDS FROM THE RIGHTS OFFERING AMOUNT TO CHF 34.7 MILLION

* INCREASE IN FREE FLOAT TO UP TO 53.8% TO BE ACHIEVED THROUGH REALLOCATION OF SUBSCRIPTION RIGHTS IN BOOKBUILDING PROCESS

* SUBSCRIPTION PERIOD FOR NEW REGISTERED SHARES BEGINS ON 25 OCT 2018 AND LASTS UNTIL 2 NOV 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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