S&T Shareholders Approve Capital Increase

Business › n.a. ♦ Published: October 25, 2011; 19:11 ♦ (Vindobona)

Recapitalization of the Austrian IT consulting company authorized in today’s Extraordinary General Meeting.

S&T Shareholders Approve Capital Increase / Picture: © S&T Austria GmbH

The shareholders of S&T AG approved the planned capital increase of € 16 m based on the issuing of 8 m new no-par value bearer shares with a three-quarters majority at today’s Extraordinary General Meeting.

The resolutions which were passed authorize a capital increase based on the issuing of 8 million shares to Quanmax AG and grosso holding Gesellschaft mbH excluding the…

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S & T, Information Technology, Consulting Industry, Capital Increase, Restructuring, Funding
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