BRIEF-Panatlantica to propose capital increase

jueves 21 de julio de 2016 08:08 GYT

July 21 (Reuters) - Panatlantica SA :

* Said on Wednesday that its board would propose to increase share capital to 245.0 million Brazilian reais ($75.3 million)from 226.9 million reais

* Capital increase through capitalization of 15.4 million reais from reserves with attribution of bonus shares to shareholders and through private subscription totalling up to 2.6 million reais

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($1 = 3.2537 Brazilian reais) (Gdynia Newsroom)