Brief: I Grandi Viaggi plans shares consolidation and EUR 20 mln capital increase

I Grandi Viaggi SpA

27/01/2015 08:57

Jan 27(Reuters) - I Grandi Viaggi SpA  IGV.MI : 
     
    * Reported on Monday that its board of directors approved 
the shares consolidation and a capital increase program 
    * The company's ordinary shares will be grouped at a ratio 
of one new share for every 10 shares and the nominal value of 
the shares will be eliminated 
    * The company will issue new ordinary shares without a 
nominal value, in one or multiple tranches for a maximum amount  
of 20 million euros ($22.58 million) by Dec. 31, 2015 
    * New shares will be offered to existing shareholders in 
proportion related to already held shares  
    * The board of directors has called for an ordinary and 
extraordinary shareholders' meeting for Feb. 27 and March 2 
     
  
 Source text for Eikon:  ID:nBIA26229 ,  ID:nBIA262a0  
     
 Further company coverage:  IGV.MI   
    
 
 
 
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Keywords: I GRANDI VIAGGI/BRIEF