BRIEF-Brait board to propose change in registered office to UK

  • Reuters
  • Stock Market News
BRIEF-Brait board to propose change in registered office to UK
Credit: © Reuters.

Sept 14 (Reuters) - Brait SE BATJ.J

* Board has resolved to propose to shareholders that company's registered office be transferred from Malta to United Kingdom Source text for Eikon: Further company coverage: BATJ.J

Sept 14 (Reuters) - Brait SE BATJ.J

* Board has resolved to propose to shareholders that company's registered office be transferred from Malta to United Kingdom

* Transfer will not impact co's primary listing on Euro MTF market of LUXSE or secondary listing on JSE

* Share capital of company will not be affected as a consequence of transfer

* Shareholders will have opportunity to vote on transfer proposals at an EGM , which is expected to be held by end of November 2016

* Following transfer, Brait intends to seek a listing on premium listing segment of official list maintained by UK listing authority

* Intends to be admitted to trading on LSE's main market for listed securities

* Company considering opportunities to raise capital by issue of new shares or issue of securities convertible into, or exchangeable for, share Source text for Eikon: Further company coverage: BATJ.J

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