The board of directors may, within the limits of its authority, increase and reduce the share capital.
If the board of directors decides to increase or reduce the share capital, it shall issue the required provisions, unless they are contained in the general meeting’s resolution on authorisation.
In the case of a reduction of the share capital within the capital band, the provisions on securing claims, the interim account and the audit confirmation in the case of an ordinary capital reduction applymutatis mutandis .
Following any increase or reduction in the share capital, the board of directors shall make the required declarations and shall amend the articles of association accordingly. The resolution on the amendment of the articles of association and the declarations of the board of directors must be done in a public deed.
Otherwise, the rules on an ordinary capital increase, a capital increase from contingent capital and a capital reduction applymutatis mutandis .
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