Brief: Realia Board Submits Reverse Merger By Absorption Of FCYC For Approval By Shareholders
14/05/2025 06:51
May 14 (Reuters) - Realia Business SA RLIA.MC: SAID ON TUESDAY, BOARD CALLS SHAREOLDERS MEETING FOR JUNE 23, 2025 TO SUBMIT FOR APPROVAL REVERSE MERGER BY ABSORPTION OF FCYC BY ITS UNIT REALIA FCYC WILL BE DISSOLVED AND ITS ASSETS WILL BE TRANSFERRED TO REALIA REALIA WILL CARRY OUT A SHARE CAPITAL INCREASE BY THE SUM NECESSARY TO CATER FOR EXCHANGE OF FCYC ISSUANCE PRICE PER SHARE OF NEWLY ISSUED REALIA SHARES WILL BE 1.008 EUROS, OF WHICH 0.24 EUROS WILL CORRESPOND TO NOMINAL VALUE AND 0.768 EUROS TO ISSUANCE PREMIUM MAXIMUM NUMBER OF REALIA SHARES TO BE ISSUED TO EFFECT MERGER EXCHANGE WILL AMOUNT TO 698.5 MILLION ORDINARY REALIA SHARES WITH A PAR VALUE OF 0.24 EUROS EACH MERGER IS PART OF A PROCESS TO REORGANIZE THE STRUCTURE OF THE BUSINESS GROUP INMOCEMENTO Source text for Workspace: nCNM8nHxNM Further company coverage: RLIA.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))