Brief: Solocal Group Launches Capital Increase Of Around 336 Million Euros

Solocal SE

10/09/2020 16:29

Sept 10 (Reuters) - Solocal Group SA  LOCAL.PA :
    * LAUNCH OF CAPITAL INCREASE WITH MAINTENANCE OF
PREFERENTIAL
SUBSCRIPTION RIGHTS FOR AN AMOUNT OF APPROXIMATELY 336 MILLION
EUROS
    * SUBSCRIPTION PRICE OF EUR 0.03
    * SUBSCRIPTION PERIOD FOR NEW SHARES: FROM SEPTEMBER 15,
2020 TO
SEPTEMBER 29, 2020
    * CAPITAL INCREASE FOR A TOTAL AMOUNT OF EUR 335,957,607.87
    * COMPLETION OF THE CAPITAL INCREASE RESERVED FOR THE
BENEFIT OF
CERTAIN BOND CREDITORS IN THE AMOUNT OF APPROXIMATELY 10.5
MILLION EUROS

Source text: https://bit.ly/3jZLIN6
Further company coverage:  LOCAL.PA 

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