Italy : TXT e-solutions issues 1:1 bonus share

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Home / Knowledge / News / Information Technology / TXT e-solutions issues 1:1 bonus share

TXT e-solutions issues 1:1 bonus share

19
Dec '13

The Shareholders’ Meeting of TXT e-solutions, chaired by Mr Alvise Braga Illa, approved a free capital increase through the issue of one new share, for each existing share. The aim of this operation is to increase the liquidity of TXT shares.

Subscribed and Paid-in Capital will increase from € 3 million to € 6 million, by using Share Premium Reserves. On completion of capital increase, issued ordinary shares will rise from 5.911.932 to 11.823.864, par value € 0,50 each.

Shares will start trading ex-dividend from February 3, 2014. Upon termination of the Shareholders’ Meeting, TXT made a presentation to investors and analysts to discuss key drivers of the long term vision and of the TXT business plan 2014-16.

TXT e-solutions is an international specialist in high-value, strategic software and solutions for large enterprises.

The main business areas are: Integrated & Collaborative Planning Solutions, with the TXT Perform Division, especially for Luxury, Fashion, Retail and Consumer Goods; Software for Complex Operations & Manufacturing, with the TXT Next Division, for Aerospace, Defence, High-Tech and Finance. Listed in the Star Segment of Borsa Italiana (TXT.MI), TXT is based in Milan and has offices in Italy, France, UK, Germany, Spain, Canada and Australia.

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