Brief: Azaria Rental Socimi Approves Non-Cash Share Capital Increase For 34.2 Mln Euros

Azaria Rental SOCIMI SA

27/06/2019 06:55

June 27 (Reuters) - Azaria Rental Socimi SA  YAZR.MC :
    * SAID ON WEDNESDAY APPROVES NON-CASH SHARE CAPITAL INCREASE
FOR
NOMINAL VALUE OF 5.5 MILLION EUROS
    * TO ISSUE 5.5 MILLION NEW SHARES OF NOMINAL VALUE 1 EURO
PER
SHARE EACH
    * NEW SHARES TO BE ISSUED WITH A TOTAL SHARE PREMIUM OF 28.7
MILLION EUROS, THAT IS 5.25 EUROS PER SHARE
    * TO REDUCE SHARE CAPITAL BY AMORTIZING 2.1 MILLION OWN
SHARES OF
NOMINAL VALUE 1 EURO PER SHARE EACH
    * SHARES REPRESENT UP TO 24.82% OF SHARE CAPITAL
    * SHARES TO BE PURCHASED AT 4.77 EUROS PER SHARE

    
 Source text: https://bit.ly/2XheodX
    
 Further company coverage:  YAZR.MC  
   


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