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Fabasoft Planning Capital Increase
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The Austrian software company prepares for a capital increase by € 2.5m.
Fabasoft Planning Capital Increase / Picture: © Fabasoft
The Upper-Austrian Fabasoft AG, which is listed on the Frankfurt Stock Exchange, announced that the annual general meeting will authorize the board to increase the nominal capital by € 2.5m to € 7.5m. The decision will be valid for a maximum of five years.
In the past financial year 2010/11 (ended on March 31), Fabasoft recorded an operating loss of € 300,000 (after €…
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