Germany: Leoni issues 3 million new shares

Leoni's supervisory board has approved a capital increase of nearly 10% through the issue of 2,969,000 new shares. The shares will be entitled to dividends as from 1 January 2011. The new shares are being offered to institutional investors by way of an accelerated bookbuilding process. Shareholders' subscription rights are therefore excluded. The Subscribe to Automotive World … Continued

• By Webmaster
• July 1, 2011