Brief: Prisa Approves To Redeem Convertible Notes Due 2028, Partially Execute Capital Increase

Promotora de Informaciones

21/02/2024 17:30

Feb 21 (Reuters) - Promotora de Informaciones SA
 PRS.MC :
    * REPORTS THE RESULT OF THE EXTRAORDINARY CONVERSION PERIOD
OF THE
CONVERTIBLE NOTES ISSUED IN FEBRUARY 2023
    * BOARD APPROVES TO REDEEM 20,287 CONVERTIBLE NOTES DUE 2028
WHOSE
CONVERSION HAS BEEN REQUESTED DURING THE EXTRAORDINARY
CONVERSION PERIOD
    * BOARD APPROVES TO PARTIALLY EXECUTE CAPITAL INCREASE
APPROVED BY
BOARD ON ITS MEETING HELD ON JANUARY 9, 2023 WITHIN FRAMEWORK OF
ISSUANCE 2023
    * IT HAS BEEN RESOLVED TO INCREASE SHARE CAPITAL BY A TOTAL
NOMINAL AMOUNT OF 2.0 MILLION EUROS BY ISSUING AND PLACING INTO
CIRCULATION 20,287,000 NEW SHARES
    * THE ISSUE PRICE OF THE NEW SHARES IS EUR 0.37 PER SHARE
(EUR
0.10 OF PAR VALUE PLUS EUR 0.27 OF SHARE PREMIUM)
    * THEREFORE, TOTAL SHARE PREMIUM AMOUNTS TO EUR 5.5 MILLION
AND
THE EFFECTIVE AMOUNT (PAR VALUE PLUS SHARE PREMIUM) OF THE
CAPITAL INCREASE AMOUNTS TO EUR 7.5 MILLION
    * AS RESULT OF CAPITAL INCREASE, SHARE CAPITAL OF PRISA WILL
BE
SET AT EUR 102.9 MILLION EUROS

Source text for Eikon:  ID:nCNM8hQ8vp 
Further company coverage:  PRS.MC 

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