Croatian shipyard Uljanik cuts capital by EUR 62.5mn.

By bne IntelliNews October 18, 2012
Croatian shipyard Uljanik has cut its capital by HRK 470mn (EUR 62.5mn) to HRK 201mn by decreasing the nominal value of its ordinary shares from HRK 300 to HRK 90 apiece, the countrys Central Depository & Clearing Company (SKDD) informed in a statement. The company took a decision to cut its capital on August 30, 2012. Following the drop, Uljaniks equity is divided into 2.24 million ordinary shares with nominal value of HRK 90 each.

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