Brief: Abitare In proposes capital increase of up to EUR 16 mln

Abitare In SpA

19/06/2017 14:51

June 19 (Reuters) - ABITARE IN SPA  ABIT.MI : 
    * SAID ON FRIDAY IT SEES REVENUES IN THE FISCAL YEARS 
BETWEEN 2019 AND 2020 FOR PROJECT "ABITARE IN MAGGIOLINA" OF EUR 
67.4 MLN AND AN EBT OF EUR 15.7 MLN 
    * LOWERS FY 2016/2017 EBT ESTIMATE FOR PROJECT "ABITARE IN 
POSTE" TO ABOUT EUR 3.2 MLN DUE TO AN INCREASE IN COSTS OF EUR 
1.1 MLN 
    * PROPOSED A CAPITAL INCREASE OF UP TO EUR 16 MLN, 
CORRESPONDING TO UP TO 40,000 SHARES 
    * CAPITAL INCREASE TO BE RESERVED TO INVESTORS WITH 
"STRATEGIC VALUE" TO THE COMPANY TO EXPAND ITS SHAREHOLDING 
    * TO PROPOSE A MINIMUM ISSUE PRICE OF EUR 280 PER SHARE, 
PREMIUM INCLUDED 
    * BOARD GRANTED POWERS TO THE CHIEF EXECUTIVE OFFICERS TO 
MAKE PRELIMINARY EVALUATIONS FOR A POTENTIAL TRANSFER TO THE MTA 
- ITALIAN EQUITIES MARKET OF THE ITALIAN STOCK EXCHANGE 
 
     
 Source text: http://reut.rs/2sJyFsz 
     
 Further company coverage:  ABIT.MI   
    
 
 
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