Brief: CHL Reaches Agreement with Shareholders Fernando Franchi and Federigo Franchi

Centro HL Distribuzione SpA

13/12/2017 11:55

Dec 13 (Reuters) - CENTRO HL DISTRIBUZIONE SPA  CHL.MI : 
    * SAID ON TUESDAY IT HAD REACHED AN AGREEMENT WITH 
SHAREHOLDERS 
FERNANDO FRANCHI AND FEDERIGO FRANCHI 
    * FERNANDO FRANCHI AND FEDERIGO FRANCHI COMMIT TO RETURN 4.9 
MLN 
CONVERTIBLE 6 PCT BONDS DUE 2018 TO BE LATER CANCELLED 
    * FERNANDO FRANCHI AND FEDERIGO FRANCHI WILL KEEP 20.2 MLN 
ORDINARY SHARES ISSUED FOLLOWING BOND CONVERSION 
    * COMPANY WILL REMOVE EUR 0.5 MLN FROM ITS RESERVES FOR 
FUTURE 
CAPITAL INCREASE 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6Yj6lh 
     
 Further company coverage:  CHL.MI   
    
 
 
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