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Methorios Capital SpA Increases Share Capital Reserved to Futura Funds Sicav Plc


Thursday, 1 Aug 2013 12:46pm EDT 

Methorios Capital SpA announced that, following the Company's approval of the irrevocable offer for the subscription of a share capital increase, without option rights, from Futura Funds Sicav Plc for EUR 19 million, the Board of Directors decided to increase the share capital by EUR 19 million reserved to Futura, at a price per share of EUR 0.70, through the issuance of 27,142,857 newly issued ordinary shares. The subscription will be made by August 31, 2013. With full subscription of the share capital increase, Futura would hold a 20.5% stake in the Company. 

Company Quote

0.594
-0.022 -3.57%
27 Feb 2015