CPI PROPERTY GROUP
CPI PROPERTY GROUP raises EUR 18.5 million and issues 185 million new shares
DGAP-News: CPI PROPERTY GROUP / Key word(s): Capital Increase CPI PROPERTY GROUP PRESS RELEASE CPI PROPERTY GROUP raises EUR 18.5 million and issues 185 million new shares CPI PROPERTY GROUP (the “Company”) announces the issue of 185,000,000 new ordinary shares for a global cash contribution of EUR 18.5 million. The new shares were subscribed by MISOMAN INDUSTRY LIMITED, Cyprus, an entity closely associated with Mr. Marek Galvas. 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 and fully paid by cash. The new shares are not listed upon their issue, but the Company will seek to list them on the Frankfurt Stock Exchange, subject to legal and regulatory requirements. The corporate share capital of the Company has thus been increased today from EUR 526,776,458.70 represented by 5,267,764,587 shares to EUR 545,276,458.70 represented by 5,452,764,587 shares. The total number of shares comprising the share capital of the Company is 5,452,764,587 as of 7 June 2016. For further information please contact: Kirchhoff Consult AG
2016-06-07 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | CPI PROPERTY GROUP | |
40, rue de la Vallée | ||
L-2661 Luxembourg | ||
Grand Duchy of Luxembourg | ||
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 News | DGAP News Service |