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ZARDOYA Otis SA Announces Share Capital Increase; Grupo Ascensores Enor SATo Pay Up For Company’s New Shares


Wednesday, 30 Jan 2013 11:53am EST 

ZARDOYA Otis SA announced that at the Extraordinary Shareholders’ Meeting, held on January 30, 2013, the shareholders approved a share capital increase in the amount of EUR 1,691,336.70 through the issuance of 16,913,367 new shares at a nominal value of EUR 0.10 per share and a premium of EUR 9.10 per share (amounting to a total of EUR 153,911,639.70 in premium). Consequently, the total amount of the share capital increase (considering capital and premium) is EUR 155,602,976.40. The shares issued pursuant to the capital increase will be fully paid by the holders of shares representing 100% of Grupo Ascensores Enor SA (ENOR) capital stock (the new investors), through the non-cash of 3,338,463 shares of ENOR, at a nominal value of EUR 3 per share, representing the entire issued share capital of ENOR, subscribed and fully paid and free from all kinds of charges. The combined value of ENOR’s shares amounts to EUR 155,602,976.40 and therefore coincides with the amount of ZARDOYA Otis SA’s Capital Increase (including premium). 

Company Quote

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18 Dec 2014