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05.10.2011
Solarmag change name to MagnInvest
Solarmag change name to MagnInvest
Solarmag Plc has changed name to MagnInvest Plc and the share is now traded under the new ISIN: GB00B54V3C62 and ticker: M7G. At the same time a reverse split has been performed due to requirements of all companies listed on the Frankfurt stock exchange open market. The nominal value of €0,01 has been changed to €0,10 on the 28th of September through a 10 to 1 reverse split. This means that shareholders of Solarmag Plc will have a tenth as many shares in MagnInvest Plc with 10 times higher nominal value. The trading of the share was suspended on the 29th and 30th of September for these changes to be put into effect. Solarmag will continue to develop its business plan as a subsidiary of MagnInvest. The broader activities of MagnInvest will include investments in real estate, minerals, oil & gas, financial investments and utility scale renewable energy.
SOLARMAG PLC
Thomas R. Malthusstraat 3b
1066 JR Amsterdam
The Netherlands
Tel: +31 20 388 0060
Fax: +31 20 669 6508
Email: info@solarmag-plc.com
Website: www.solarmag-plc.com
Disclaimer:
The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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Solarmag Plc has changed name to MagnInvest Plc and the share is now traded under the new ISIN: GB00B54V3C62 and ticker: M7G. At the same time a reverse split has been performed due to requirements of all companies listed on the Frankfurt stock exchange open market. The nominal value of €0,01 has been changed to €0,10 on the 28th of September through a 10 to 1 reverse split. This means that shareholders of Solarmag Plc will have a tenth as many shares in MagnInvest Plc with 10 times higher nominal value. The trading of the share was suspended on the 29th and 30th of September for these changes to be put into effect. Solarmag will continue to develop its business plan as a subsidiary of MagnInvest. The broader activities of MagnInvest will include investments in real estate, minerals, oil & gas, financial investments and utility scale renewable energy.
SOLARMAG PLC
Thomas R. Malthusstraat 3b
1066 JR Amsterdam
The Netherlands
Tel: +31 20 388 0060
Fax: +31 20 669 6508
Email: info@solarmag-plc.com
Website: www.solarmag-plc.com
Disclaimer:
The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B1FJK646">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B1FJK646</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.