07.06.2016 17:56:36
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DGAP-News: CPI PROPERTY GROUP
DGAP-News: CPI PROPERTY GROUP raises EUR 18.5 million and issues 185 million new shares
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 Andrew Stammler Herrengraben 1 20459 Hamburg T +49 40 60 91 86 34 F +49 40 60 91 86 60 E andrew.stammler@kirchhoff.de
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07.06.2016 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. Archive at www.dgap.de
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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 ---------------------------------------------------------------------------
469941 07.06.2016
DGAP-News: CPI PROPERTY GROUP / Key word(s): Capital Increase
CPI PROPERTY GROUP raises EUR 18.5 million and issues 185 million new shares
07.06.2016 / 17:56
The issuer is solely responsible for the content of this announcement.
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CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254
PRESS RELEASE
Luxembourg, 7 June 2016
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 Andrew Stammler Herrengraben 1 20459 Hamburg T +49 40 60 91 86 34 F +49 40 60 91 86 60 E andrew.stammler@kirchhoff.de
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07.06.2016 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. Archive at www.dgap.de
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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 ---------------------------------------------------------------------------
469941 07.06.2016
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