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Provider: Reuters Investment Profile
Provider: Wright Reports
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Provider: Wright Reports

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Banco Indusval SA Updates on Capital Increase

Wednesday, 19 Jun 2013 07:58am EDT 

Banco Indusval SA announced that on June 14, 2013 ended period to exercise preference right for the subscription of shares in context of the capital increase approved on May 14, 2013. There were 7,092,277 ordinary shares and 3,716,651 preferred shares subscribed at the issue price of BRL 7.30 per share, totaling BRL 78,905,174.40. Moreover, in this period, 294,238 ordinary shares and 1,054,485 preferred shares were object of the firm order for subscription of remaining shares, totaling BRL 9,845,677.87. Thus, the total of subscribed shares will be of 7,386,515 ordinary shares and 4,771,136 preferred shares, totaling an increase in the minimum amount of BRL 88,750,852.30, which represents a 96.47% of the maximum amount of the approved capital increase. Between June 19, 2013 and June 25, 2013 1,793,812 shares, of which 372,973 ordinary shares and 1,420,839 preferred shares, will be divided proportionally to the shareholders in the proportion of 5.371554881% for ordinary shares and 38.459210617 for preferred shares. 

Company Quote

-0.01 -0.47%
4:05pm EDT