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GAB — Gabetti Property Solutions SpA News Story

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Brief: Gabetti Property Solutions completes partial capital increase

Dec 22(Reuters) - Gabetti Property Solutions  GABI.MI : 
    * Said on Monday it has completed partial capital increase 
for 1 million euros ($1.1 million), related to non performing 
loans and reserved for subscription to the banks holding 
unsecured claims in category A and parts of the restructuring 
debts  
    * They were fully subscribed by the creditor banks, by 
setting off claims Unsecured Category A for the same amount owed 
to them  
    * Company issued 396,869 shares at a price of 2.56 euros per 
share for total value of 1,015,985 euros  
 
     
Source text for Eikon:  urn:newsml:reuters.com:*:nBIA21378 
Further company coverage:  GABI.MI   
    
 
 
 
($1 = 0.9168 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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