CPI PROPERTY GROUP
CPI PROPERTY GROUP to raise EUR 31 million
CPI PROPERTY GROUP / Key word(s): Capital Increase CPI PROPERTY GROUP to raise EUR 31 million Luxembourg, 23 September 2014. The Board of Directors of CPI PROPERTY GROUP (the “Company”) resolved on 22 September 2014 to implement a reserved capital increase and raise up to EUR 31 million pursuant to the authorization granted to it by its shareholders during the extraordinary general meeting of 28 August 2014. The Board of Directors agreed to issue 65,957,446 new ordinary shares having a par value of EUR 0.10 each, at a subscription price of EUR 0.47 per new share, for a global cash contribution of EUR 30,999,999.62 to ORCO PROPERTY GROUP. Finalization of the capital increase is expected in the coming days. Following the implementation of this capital increase the corporate capital of the Company will be increased from EUR 292,082,390.40 represented by 2,920,823,904 shares to EUR 298,678,135 represented by 2,986,781,350 shares. Contact:Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 D-20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 sebastian.bucher@kirchhoff.de 23.09.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | CPI PROPERTY GROUP | |
40, rue de la Vallée | ||
L-2661 Luxembourg | ||
Grand Duchy of Luxembourg | ||
Phone: | +49 (0)30 440123120 | |
Fax: | +49 (0)30 390 93 199 | |
E-mail: | InvestorRelations@gsg-group.de | |
Internet: | www.gsg-group.de | |
ISIN: | LU0251710041 | |
WKN: | A0JL4D | |
Listed: | Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Düsseldorf, Stuttgart | |
End of News | DGAP News-Service |
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