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Iberdrola SA Announces First Execution Of Share Capital Increase To Implement Script Dividend Program


Friday, 19 Jul 2013 01:47am EDT 

Iberdrola SA announced that the trading period of free allocation rights corresponding to the first execution of share capital increase ended on July 17, 2013. The right purchase agreement was accepted by holders of 2,844,253,055 free allotment rights, which determined the Company to acquire the rights in the gross total amount of EUR EUR 369,752,897.15. The final number of ordinary shares at a nominal value of EUR 0.75 per share to be issued in the first execution of share capital increase is 109,539,416, and their nominal value is EUR 82,154,562. It is expected that the new shares will be admitted to trading on the Madrid, Barcelona, Valencia and Bilbao Stock Exchanges through the Automated Quotation System (Continuous Market) on July 25, 2013. 

Company Quote

5.599
0.024 +0.43%
7:53am EDT