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BRIEF-KGI ready to increase stake in European Metals, with conditions

Published 17/01/2019, 08:06 pm
© Reuters.  BRIEF-KGI ready to increase stake in European Metals, with conditions
EMHE
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Jan 17 (Reuters) - European Metals Holdings Ltd EMHE.L :

* KRUPA GLOBAL INVESTMENTS SAYS PREPARED TO SIGNIFICANTLY INCREASE STAKE IN EUROPEAN METALS HOLDINGS WITH CONDITIONS

* KRUPA GLOBAL INVESTMENTS SAYS CONDITIONS INCLUDE MOVING HQ TO EU, INCREASING TRANSPARENCY OF ITS OWNERSHIP STRUCTURE

* KRUPA GLOBAL INVESTMENTS SAYS ANNOUNCEMENT COMES IN AFTERMATH OF INDICATIVE OFFER BY KGI EXPRESSING INTEREST IN ACQUIRING EMH'S CZECH SUBSIDIARY; EMH HAS STATED IT WAS NOT CURRENTLY INTERESTED IN CONSIDERING OFFER

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