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Sociedad Comercial del Plata SA Announces Share Capital Increase


Thursday, 10 Oct 2013 04:08pm EDT 

Sociedad Comercial del Plata SA announced that it has obtained an authorization from the regulatory body, CNV, for a share capital increase in the total amount of ARS 1,100,000,000 to cancel bankruptcy debt. Since the amount finally subscribed by the creditors amounted to the sum of ARS 1,099,407,070, represented by 109,940,707 shares at a nominal value of ARS 10 each per share, the Company asked CNV to cancel the remaining amount of ARS 592,930. Thus, the share capital of the Company amounts to ARS 1,359,918,820, represented by 135,991,882 shares at a value of ARS 10 per share. 

Company Quote

1.42
0.12 +9.23%
27 Aug 2014