Brief: Copenhagen Capital: Capital increase and property purchase

Copenhagen Capital A/S

24/11/2014 07:35

Nov 24 (Reuters) - Copenhagen Capital A/S  CPHCAP.CO  
    * Increases share capital and issues a total of 10,316,667 
new shares in Copenhagen Capital A/S 
    * Issuance of new shares is part of a 3-year old strategic 
plan 
    * Capital increase occurs as a market expansion at a price 
of 1.00 crowns per share and as a combination of cash,  
conversion of debt and issuance of shares 
    * Says signed deal to buy property at Esthersvej 12, 2900 
Hellerup, for 13.2 million Danish crowns, takeover is expected 
Dec. 31, 2014 
    * Maintains 2014 net income ex-items between 0.5 - 1.5 
million Danish crowns  
    * Says for 2015 expects a profit ex-items of between 1.0 and 
2.0 million crowns  
 
Source text for Eikon:  ID:nHUG5ZHJy2  
Further company coverage:  CPHCAP.CO  
 
 ((gdynia.newsroom@thomsonreuters.com; +48586983920;)) 
 
Keywords: COPENHAGEN CAP/BRIEF