Brief: Recticel announces capital increase of 75.9 mln euros

Compagnie Du Bois Sauvage SA

22/04/2015 07:24

April 22 (Reuters) - Recticel SA  RECT.BR : 
    * Capital increase with preferential right of maximum 
75,948,172.80 euros ($81.51 million) through issuance of maximum 
23,733,804 new shares at a subscription price of 3.20 euros per 
share 
    * Subscription ratio: 5 preferential subscription rights 
entitle to subscribe to 4 new shares 
    * Subscription period: from April 23, 2015 until and 
including May 7, 2015 
    * Compagnie du Bois Sauvage Group  CBOS.BR  has irrevocably 
committed to exercise its  preferential subscription rights and 
subscribe to new shares for an aggregate amount equal to 28.71 
pct of the total effective subscription amount of the offering 
    * Coupon no. 21, representing the subscription right, will 
be separated on April 22, 2015 after closing of the stock 
exchange 
    * Coupon no. 22, representing the dividend for accounting 
year ending on Dec. 31, 2014, will be separated on April 22, 
2015 after closing of the stock exchange 
    * Placement of scrips is planned to take place on May 11, 
2015 
    * New shares will be delivered with coupon no. 23 and 
following attached 
 
     
Source text: http://bit.ly/1J9DHA7 
Further company coverage:  RECT.BR  
 
($1 = 0.9318 euros) 
 
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