Brief: Vbare Proposes Share Capital Increase Of Up To 30 Mln Euros

VBARE Iberian Properties SOCIMI SA

20/05/2019 06:06

May 20 (Reuters) - Vbare Iberian Properties SOCIMI SA
 YVBA.MC :
    * SAID ON FRIDAY IT WOULD PROPOSE A SHARE CAPITAL INCREASE
THROUGH
MONETARY CONTRIBUTIONS IN A TOTAL OF 29.99 MILLION EUROS VIA THE
ISSUANCE OF UP TO 2.24 MILLION NEW SHARES WITH PRE-EMPTIVE
SUBSCRIPTION RIGHTS 
    * TO PROPOSE A SHARE CAPITAL INCREASE BY UP TO 50% OF
CURRENT
SHARE CAPITAL WITHIN A MAXIMUM TERM OF FIVE YEARS, ON ONE OR
MORE OCCASIONS, IN THE AMOUNT IT DEEMS APPROPRIATE, AT A MINIMUM
ISSUE PRICE OF 13.40 EUROS PER SHARE
    * BOARD INTENDS TO HAVE THE COMPANY'S SHARES ADMITTED TO
TRADING
ON THE SPANISH STOCK EXCHANGES (CONTINUOUS MARKET) BEFORE MARCH
31, 2020

    
 Source text: https://bit.ly/2JS5ZWq  https://bit.ly/2HDNceu
    
 Further company coverage:  YVBA.MC  
   


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