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Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.

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LVenture Group SpA Defines Share Capital Increase Conditions

Wednesday, 16 Jan 2013 02:10pm EST 

LVenture Group SpA announced that the Company's Board of Directors has defined the conditions for the share capital increase previously announced on December 29, 2012 for a total maximum of EUR 4,990,000. The share capital increase will take place through the issuance of ordinary shares with rights from January 1, 2012, to be offered to the shareholders of LVenture Group in proportion to the number of shares held. The price has been fixed at EUR 0.052 per share, of which of which EUR 0.012 as share premium. The allocation ratio option has been determined as of nine new shares for every one share already owned. As a result, the share capital increase will take place for a maximum of 95,850,000 new shares, including premium, for a total of EUR 4,984,200, including premium. The option rights can be exercised in the period between January 21, 2013 and February 15, 2013 and the rights can be negotiated on the Stock Exchange from January 21, 2013 until February 8, 2013. 

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0.0045 +0.72%
22 Aug 2014