PLACEMENT OF SHARES AND OTHER EMISSION SECURITIES




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9. PLACEMENT OF SHARES AND OTHER EMISSION SECURITIES
9.1. The Company shall have the right to place additional shares and other emission securities through subscription and conversion. In the event of an increase in the authorized capital of the Company with its own property the Company shall be obliged to place additional shares by distributing them among shareholders.
9.2. In the event of placement of shares and/or emission securities convertible into shares by subscription the Company shall have the right to hold open and closed subscriptions.



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PLACEMENT OF SHARES AND OTHER EMISSION SECURITIES

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