CPI PROPERTY GROUP
CPI PROPERTY GROUP raises EUR 100 million and issues 1 billion new shares
CPI PROPERTY GROUP / Key word(s): Capital Increase CPI PROPERTY GROUP Ad-Hoc Announcement CPI PROPERTY GROUP raises EUR 100 million and issues 1 billion new shares The new shares, having a par value and a subscription price of EUR 0.10 each, were issued today in a reserved capital increase under the Company’s authorized share capital for cash contribution. Each new share was partially paid up to 50% of its par value by the Subscriber, thus resulting in a global payment in cash by the Subscriber of EUR 50 million. The remaining portion of the par value of the new shares issued, representing a global amount of EUR 50 million, has to be paid by the Subscriber by 31 March 2018. The corporate share capital of the Company has thus been increased today from EUR 831,061,784.60 represented by 8,310,617,846 shares to EUR 931,061,784.60 represented by 9,310,617,846 shares. The total number of shares comprising the share capital of the Company is 9,310,617,846 as of 28 November, 2017. For further information please contact: Kirchhoff Consult AG
28-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | CPI PROPERTY GROUP |
40, rue de la Vallée | |
L-2661 Luxembourg | |
Luxemburg | |
Phone: | +352 264 767 1 |
Fax: | +352 264 767 67 |
E-mail: | contact@cpipg.com |
Internet: | www.cpipg.com |
ISIN: | LU0251710041 |
WKN: | A0JL4D |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
End of Announcement | DGAP News Service |