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QueenCo Leisure International Ltd Announces Rights Issue


Friday, 19 Oct 2012 10:04am EDT 

QueenCo Leisure International Ltd announced that Board of Directors approved a rights issue (the Rights Issue) to all holders of the Company's ordinary shares as of October 31, 2012 (the Record Date). Only shareholders on the Record Date (Record Date Shareholders) and holders of Global Depositary Receipts (GDRs) representing the Company's ordinary shares on the Record Date may participate in the Rights Issue; provided that they meet certain criteria as set forth in the Rights Issue Memorandum. Under the contemplated Rights Issue, the Company is proposing to issue up to 257,057,276 ordinary shares, par value NIS 1.00 per ordinary share (the New Shares), at EUR 0.016 per New Share. Under the Rights Issue, eight New Shares will be offered for every 11 ordinary shares held by Record Date Shareholders. 

Company Quote

0.45
0.0 +0.00%
31 Dec 2013