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GTC - Globe Trade Centre SA News Story

PLN6.12 0.0  0.0%

Last Trade - 22/09/20

Mid Cap
Market Cap £615.6m
Enterprise Value £1.60bn
Revenue £153.5m
Position in Universe 53rd / 749

BRIEF-GTC to spend 45 pct of share issue proceeds in Poland

Tue 30th June, 2015 10:20am
June 30 (Reuters) -  
Warsaw-listed GTC: 
    * Commercial real estate developer GTC head says plans to 
spend around 45 percent of right issue proceeds in Poland. 
    * The company shareholders approved on Tuesday 140 million 
share issue, increasing number of shares by 40 percent. 
    * GTC head says plans to set final rights issue price at the 
beginning of September. 
    * GTC head also says if not all current investors 
participate in the right issue he sees the demand from abroad. 
    * GTC market value amounts to 2.12 billion zlotys ($564.82 
Further company coverage:  GTCP.WA  
($1 = 3.7534 zlotys) 
 (Reporting by Adrian Krajewski; Writing by Marcin Goclowski; 
Editing by Agnieszka Barteczko) 
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