Brief: Retail Estates SA announces 76.2 mln euro capital increase

Retail Estates NV

06/05/2015 07:08

May 6 (Reuters) - Retail Estates SA  RETE.BR : 
    * Announces capital increase up to 76,224,676 euros  ($85.56 
million) through issuance of up to 1,259,912 new shares at a 
subscription price of 60.50 euros per share 
    * Forecasts a gross dividend of 3.20 euros for financial 
year 2015/2016 
    * Proceeds will be invested in growth of real estate 
portfolio and reducing debt 
 
 
     
     
Further company coverage:  RETE.BR  
 
($1 = 0.8909 euros) 
 
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