BRIEF-Shareholders of Ecorodovias approve capital reduction of BRL 959.6 million

martes 13 de septiembre de 2016 10:41 GYT

Sept 13 (Reuters) - Ecorodovias Infraestrutura e Logistica SA :

* Said on Monday that the extraordinary general meeting approved a capital reduction of 959.6 million Brazilian reais ($291.52 million), without any cancellation or reduction in the number of shares

* Share capital to be reduced from 1.34 billion reais to 381.1 million reais in order to absorb accumulated losses, booked in the interim financial statements related to six months ended June 30

* The company will observe the period of 60 days to make the capital reduction effective

Source text: ,

Further company coverage:

($1 = 3.2917 Brazilian reais) (Gdynia Newsroom)