Brief: Varia US Properties raises CHF 20.6 mln from capital increase

Varia US Properties AG

13/10/2017 05:55

Oct 13 (Reuters) - VARIA US PROPERTIES LTD  VARN.S : 
    * COMPLETES CAPITAL INCREASE AND ACHIEVES GROSS PROCEEDS OF CHF 20.6 MILLION 
    * WOLF PROPERTY HOLDING BECOMES NEW ANCHOR INVESTOR WITH 7.52% OF TOTAL NUMBER OF SHARES 
    * 542,105 NEW REGISTERED SHARES AT A PRICE OF CHF 38 PER SHARE ISSUED FROM AUTHORISED 
CAPITAL 
    * PROCEEDS WILL BE USED TO FURTHER ENHANCE PORTFOLIO IN US 
    * PLACEMENT INCREASES VARIA'S SHARE CAPITAL FROM CHF 6.7 MILLION TO CHF 7.2 MILLION 
 
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