DJ DGAP-Adhoc: CPI PROPERTY GROUP raises EUR 100 million and issues 1 billion new shares
DGAP-Ad-hoc: CPI PROPERTY GROUP / Key word(s): Capital Increase
CPI PROPERTY GROUP raises EUR 100 million and issues 1 billion new shares
28-Nov-2017 / 18:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
CPI PROPERTY GROUP
(_société anonyme_)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254
Ad-Hoc Announcement
PRESS RELEASE
Luxembourg, 28 November 2017
*CPI PROPERTY GROUP raises EUR 100 million and issues 1 billion new shares *
CPI PROPERTY GROUP (the "*Company*") announces the issue of 1,000,000,000
new ordinary shares for a global subscription price of EUR 100 million. The
new shares were all subscribed by one of the current shareholders of the
Company, RAVENTO S.à r.l., an entity closely associated with Mr. Radovan
Vítek (the "*Subscriber*").
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
Andrew Stammler
Borselstraße 20
20765 Hamburg
T +49 40 60 91 86 34
F +49 40 60 91 86 60
E andrew.stammler@kirchhoff.de
28-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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
633579 28-Nov-2017 CET/CEST
(END) Dow Jones Newswires
November 28, 2017 12:17 ET (17:17 GMT)
