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Gabetti Property Solutions SpA Confirms FY 2013 EBITDA Guidance; Decides on Share Capital Increases Reserved to Shareholders and Financing Banks


Thursday, 14 Nov 2013 01:08pm EST 

Gabetti Property Solutions SpA announced that it has confirmed the Company's EBITDA guidance for fiscal year 2013 by expecting to report for fiscal year 2013 a return to a positive EBITDA. The guidance is part of the Company's 2013-2016 Plan. Gabetti Property Solutions SpA also announced that, in the context of the Restructuring Plan, it has decided on a share capital increase in option to Shareholders for EUR 19 million, wholly guaranteed, as well as a share capital increase reserved to the Financing Banks for EUR 20 million, and also decided on the execution of a share capital increase relating to the NPL Credits reserved to the Financing Banks for EUR 2.1 million, adding up to a total of 41.1 million. 

Company Quote

0.92
-0.01 -1.08%
31 Oct 2014