Raize Proposes Increase In Share Capital Of 205,357 Euros

About this update from Flexdeal - Simfe Sa

Raize Instituicao de Pagamentos SA EURONEXT:MLRZE:SAID ON WEDNESDAY TO PROPOSE INCREASE IN SHARE CAPITAL OF 205.357,11 EUROS TO 780,357.11 EUROS THROUGH CASH CONTRIBUTIONS BY ISSUING 1.8 MLN SHARES THROUGH PRIVATE OFFERINGSHARES TO BE SUBSCRIBED BY CO'S SHAREHOLDERS WHO HOLD AT LEAST 2% OF CO'S SHARE CAPITAL, AT A SUBSCRIPTION PRICE OF 0.84 EUROS PER SHAREWAS INFORMED THAT SHAREHOLDER FLEXDEAL HAS MADE A FIRM COMMITMENT TO SUBSCRIBE ENTIRE ISSUED CAPITAL NOT SUBSCRIBED BY SHAREHOLDERS TOTAL AMOUNT OF TIER 1 CAPITAL REINFORCEMENT: 1.5 MILLION EUROSSource text Source textFurther company coverage:

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