Brief: Grupo Ortiz Properties Approves Purchase Of Assets And Shareholdings For 45 Mln Euros

Gop Properties Socimi SA

26/03/2019 06:55

March 26 (Reuters) - GRUPO ORTIZ PROPERTIES SOCIMI SA
 YGOP.MC :
    * SAID ON MONDAY APPROVES PURCHASE OF ASSETS AND
SHAREHOLDINGS OF
CONCESIONARIA COLLADO VILLALBA, EL ARCE DE VILLALBA AND ORTIZ
SPORT FACTORY FOR 44.9 MILLION EUROS
    * PURCHASE INCLUDES TWO CAR PARKS UNDER CONCESSION CONTRACT,
TWO
RESIDENTIAL SETS AND SPORT CENTER UNDER SURFACE RIGHTS CONTRACT
    * APPROVES TO INCREASE SHARE CAPITAL FOR PURCHASE OF ASSETS
BY 1.2
MILLION SHARES FOR 5.8 MILLION EUROS AT NOMINAL VALUE OF 4.65
EURO PER SHARE
    * SHARES TO BE ISSUED AT FACE VALUE PLUS SHARE PREMIUM OF
10.95
EUROS PER SHARE
    * TOTAL VALUE OF SHARE CAPITAL INCREASE IS OF 19.3 MILLION
EUROS
    * SEES NET INCOME GROWTH IN 2025 AT 11.9 MILLION EUROS

    
 Source text: https://bit.ly/2YqnnGg
    
 Further company coverage:  YGOP.MC  
   


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