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