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Vanguarda Agro SA Announces Capital Increase


Thursday, 8 Nov 2012 01:50pm EST 

Vanguarda Agro SA announced that on November 7, 2012, its Board of Directors approved a capital increase totaling BRL 350,000,000.10 through the issue of 1,166,666,667 ordinary shares at the par value of BRL 0.30. In result, the share capital of the Company will raise from BRL 2,228,353,582.58 to BRL 2,578,353,582.68 divided into 3,486,812,005 ordinary shares. Shareholders may exercise the preference right for the period of 30 days. Every one existing ordinary share gives right to the subscription of 0.502842062 new ordinary shares. 

Company Quote

2.44
-0.03 -1.21%
3:43pm EDT