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Centro HL Distribuzione SpA (CHL.MI)

CHL.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CHL board to increase share capital reserved to Terra shareholders
Tuesday, 22 Nov 2016 04:35am EST 

Centro HL Distribuzione SpA : Said on Monday that relating to the acquisition of a stake from 80 pct to 100 pct in Terra SpA, the board proposed to increase the share capital of the company by 14.3 million euros ($15.17 million) . Plans to increase capital via issue of up to 714.3 million ordinary shares with value of 0.02 euro per share, of which 0.014 euro is share premium and 0.006 euro is nominal value . The issued shares to be reserved to Terra SpA shareholders . As a result of the transfer the company to take the control over Terra SpA .CHL's shareholders meeting to approve capital increase will be held on Dec. 22.  Full Article

CHL H1 net loss widens to EUR 0.9 mln, to buy majority stake in Terra
Friday, 30 Sep 2016 07:28am EDT 

Centro HL Distribuzione SpA : Said on Thursday that the board approved the acquisition of a stake from 80 pct to 100 pct in Terra . Terra operates in the sectors of telecoms and services for e-commerce . The value of the total stake in Terra ranges from 12 million euros ($13.41 million) to 15 million euros . To incorporate Terra via capital increase reserved to Terra shareholders . Reported H1 revenue 2.1 million euros ($2.35 million) versus 2.9 million euros a year ago .H1 net loss 0.9 million euros versus loss 0.8 million euros a year ago.  Full Article

CHL SpA signs commercial agreement with Terra
Sunday, 12 Jul 2015 08:00pm EDT 

CHL SpA:Signs commercial agreement with Terra SpA to develop a new application called "Internet Sicuro".  Full Article

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