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Pierrel SpA Announces Share Capital Increase Terms and Conditions


Thursday, 18 Jul 2013 05:00pm EDT 

Pierrel SpA announced that it has determined the terms and conditions of the share capital increase for maximum EUR 24 million. The Board of Directors set to EUR 23,918,490.00 the maximum amount for the capital increase to be carried through issuance of 44,293,500 ordinary shares by way of 27 newly issued ordinary shares for every 10 shares already held. The issuance price is of EUR 0.54 per share. The offer period is from July 22, 2013 to August 9, 2013 and the trading period for the option rights is from July 22, 2013 to August 2, 2013. 

Company Quote

0.7475
-0.0045 -0.60%
10:45am EDT