Home News TAG plans to invest in Colonia

TAG plans to invest in Colonia

367
0

HB FRANKFURT. TAG wants to accept these offers. To finance the issuance of 4.05 million new shares is planned. About a further increase was still pending, a spokeswoman said on demand.

Colonia was not informed about the plans to find in advance. The Cologne-based company has two major shareholders: Milfolium Management from the Principality of Liechtenstein holds 17.98 percent of the shares, the Dutch Minefa Holdings 5.08 percent. The rest is publicly held.

Colonia-shares closed after the announcement of seven per cent higher at € 4.26. In floor trading, the securities climbed as much as nine percent.