Brief: CHL board to increase share capital reserved to Terra shareholders

Centro HL Distribuzione SpA

22/11/2016 09:35

Nov 22 (Reuters) - Centro HL Distribuzione SpA  CHL.MI : 
    * Said on Monday that relating to the acquisition of a stake 
from 80 pct to 100 pct in Terra SpA, the board proposed to 
increase the share capital of the company by 14.3 million euros 
($15.17 million)  
    * Plans to increase capital via issue of up to 714.3 million 
ordinary shares with value of 0.02 euro per share, of which 
0.014 euro is share premium and 0.006 euro is nominal value 
    * The issued shares to be reserved to Terra SpA shareholders 
    * As a result of the transfer the company to take the 
control over Terra SpA 
    * CHL's shareholders meeting to approve capital increase 
will be held on Dec. 22 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2130e 
     
 Further company coverage:  CHL.MI   
    
 
 
 
($1 = 0.9428 euros) 
 
 (Gdynia Newsroom) 
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