Brief: Prisa Resolves To Increase Share Capital By 2 Mln Euros

Promotora de Informaciones

16/02/2024 06:41

Feb 16 (Reuters) - PRISA  PRS.MC :
    * SAID ON THURSDAY IT EXPECTED IN FOLLOWING DAYS PRISA'S
BOARD OF
DIRECTORS TO RESOLVE TO REDEEM CONVERTIBLE NOTES TO BE REDEEMED
AND TO PARTIALLY EXECUTE SHARE CAPITAL INCREASE APPROVED ON JAN
9, 2023
    * EXPECTS BOARD TO SET SHARE CAPITAL AT AMOUNT RESULTING
FROM
ADDING TO CURRENT SHARE CAPITAL OF PRISA (100.8 MILLION EUR) THE
NECESSARY AMOUNT TO ATTEND CONVERSION, AT FIXED CONVERSION PRICE
IN FORCE ON FEB 14, 2024 (0.37 EUR), OF CONVERTIBLE NOTES TO BE
REDEEMED
    * FOR THIS PURPOSE, IT HAS BEEN RESOLVED TO INCREASE SHARE
CAPITAL
BY 2.0 MILLION EUR
    * SHARE CAPITAL INCREASE BY ISSUING AND PLACING INTO
CIRCULATION
20.3 MILLION NEWLY ISSUED ORDINARY SHARES OF PRISA 
    * EACH SHARE WITH A PAR VALUE OF EUR 0.10 OF SAME CLASS AND
SERIES
AS SHARES OF PRISA CURRENTLY OUTSTANDING
    * AS A RESULT, SHARE CAPITAL OF PRISA WILL BE SET AT 102.9
MILLION
EUR AND WILL BE REPRESENTED BY 1.03 BILLION ORDINARY SHARES WITH
A PAR VALUE OF 0.10 EUROS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNMc2zbls
 Further company coverage:  PRS.MC  

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