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HI Real SpA Announces Subscription of Reserved Share Capital Increase by Sintesi Societa di Investimenti e Partecipazioni SpA


Thursday, 16 May 2013 12:05pm EDT 

HI Real SpA announced that on May 16, 2013 Sintesi Societa di Investimenti e Partecipazioni SpA (Sintesi) has subscribed the second tranche of the share capital increase reserved to Sintesi, decided by the Board on April 16, 2013, for maximum EUR 1 million, divided into a total of 20,000,000 HI Real newly issued shares at a price of EUR 0.050 each. Sintesi has subscribed 10,000,000 ordinary HI Real shares, at a price of EUR 0.050 each, for a total of EUR 500,000.00 of which EUR 125,000.00 already subscribed at the present date. The remaining part of the capital increase will be subscribed within 60 days from the present date. The first tranche of the share capital increase reserved to Sintesi, equal to EUR 500,000.00 was already subscribed on April 16, 2013. 

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