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Banco Pine SA Homologates Capital Increase


Wednesday, 3 Oct 2012 04:12pm EDT 

Banco Pine SA announced that following the approval of a capital increase on August 13, 2012, its Board of Directors on September 25, 2012 deliberated on the capital increase with the subscription of 3,220,203 preferred shares totaling BRL 45,984,498.84 and 6,558,123 ordinary shares totaling BRL 93,649,996.44 whose issue price was of BRL 14.28 per share. The Board homologated the partial capital increase from BRL 796,048,084.04 divided into 98,852,774 shares of which 51,886,766 ordinary shares and 46,966,008 preferred shares to BRL 935,682,579.32 divided into 108,631,100 shares of which 58,444,889 ordinary shares and 50,186,211 preferred shares. 

Company Quote

7.38
0.09 +1.23%
11 Jul 2014