15 de junio de 2017 / 6:12 / hace 2 meses

BRIEF-LUG signs deals regarding planned investments in Argentina

June 15 (Reuters) - LUG SA:

* SAID ON WEDNESDAY THAT IT HAS SIGNED A NUMBER OF AGREEMENTS REGARDING PLANNED INVESTMENTS IN ARGENTINA

* IT HAS SIGNED ARTICLES OF ASSOCIATION OF LUG ARGENTINA SA, OWNED ON A PARITY BASIS BY THE COMPANY AND PROVIDER ARGENTINA SA

* LUG ARGENTINA'S SHARE CAPITAL AMOUNTS TO 300,000 PESOS

* LUG ARGENTINA WILL BE INVOLVED IN MANUFACTURING AND SALES OF LIGHT FIXTURES AND ADVISORY ON LIGHTING TECHNOLOGY

* LUG AND PROVIDER ARGENTINA PLAN SHARE CAPITAL INCREASE OF LUG ARGENTINA FOR UP TO 1 MILLION EUROS BY DEC. 31, 2017 AND EACH OF THE SHAREHOLDERS WILL CONTRIBUTE 0.5 MILLION EUROS IN CASH

* THE COMPANY ALSO SIGNED A COOPERATION AGREEMENT WITH LUG ARGENTINA

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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