Brief: Fonciere des Murs launches capital increase with preferential subscription rights of about 200 million euros

Covivio Hotels SCA

03/03/2017 07:20

March 3 (Reuters) - Fonciere des Murs SCA  FMU.PA : 
    * Launches a capital increase with preferential subscription rights of approximately 200 
million euros ($210.46 million) 
    * Proceeds of capital increase are intended to finance a portion of the acquisition of 
portfolio of 19 hotels in Spain for an amount of 542 million euros 
    * The capital increase will give rise to the issue of 9,262,995 new shares at the unit price 
of 21.60 euros, for a gross amount of 200,080,692 euros. 
    * The listing period for preferential subscription rights will be from March 6, 2017 to 
March 15, 2017 included 
    * The subscription period will run from March 8 to March 17, 2017 inclusive 
 
Source text: http://bit.ly/2m2iQao 
Further company coverage:  FMU.PA  
 
($1 = 0.9503 euros) 
 
 (Gdynia Newsroom) 
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