Edition:
United States

Centro HL Distribuzione SpA (CHL.MI)

CHL.MI on Milan Stock Exchange

0.01EUR
17 Jun 2019
Change (% chg)

-- (--)
Prev Close
€0.01
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
26,367,989
52-wk High
€0.02
52-wk Low
€0.00

Latest Key Developments (Source: Significant Developments)

Italy's CHL To Acquire Poland's Airtime And Rumenia's Prime Exchange Technologies
Wednesday, 15 May 2019 05:35pm EDT 

May 16 (Reuters) - CHL SpA : :SAID ON WEDNESDAY IT HAD SIGNED AGREEMENT TO BUY 100 PCT OF POLAND'S AIRTIME AND RUMENIA'S PRIME EXCHANGE TECHNOLOGIES.TO PAY FOR THE TWO COMPANIES IN SHARES THROUGH RESERVED CAPITAL INCREASE OF UNIT TERRA.ESTIMATED PRICE OF THE ACQUISITIONS IS EUR 2.0 MLN.  Full Article

CHL Has Enough Liquidity Until July 15 Following Shareholders' Payments
Monday, 18 Mar 2019 06:39pm EDT 

March 19 (Reuters) - CHL SpA ::SAID ON MONDAY IT HAD RECEIVED EARLIER THAN PLANNED A PAYMENT FROM SHAREHOLDER FICHIMORI OF EUR 194,000.IT RECEIVED AS OF TUESDAY PAYMENTS FOR FUTURE CAPITAL INCREASE OF EUR 97,207.10 FROM SOME SHAREHOLDERS.ESTIMATES THAT IT WILL NOT RUN OUT OF LIQUIDITY UNTIL JULY 15, 2019.TOTAL AMOUNT OF PAYMENTS RECEIVED IS EQUAL TO EUR 478,312.88, OF WHICH EUR 187,105.78 FROM WARRANT EXERCISE AND EUR 288,207.10 AS PAYMENTS FOR FUTURE CAPITAL INCREASE.  Full Article

CHL Reaches Agreement with Shareholders Fernando Franchi and Federigo Franchi
Wednesday, 13 Dec 2017 06:55am EST 

Dec 13 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::SAID ON TUESDAY IT HAD REACHED AN AGREEMENT WITH SHAREHOLDERS FERNANDO FRANCHI AND FEDERIGO FRANCHI.FERNANDO FRANCHI AND FEDERIGO FRANCHI COMMIT TO RETURN 4.9 MLN CONVERTIBLE 6 PCT BONDS DUE 2018 TO BE LATER CANCELLED.FERNANDO FRANCHI AND FEDERIGO FRANCHI WILL KEEP 20.2 MLN ORDINARY SHARES ISSUED FOLLOWING BOND CONVERSION.COMPANY WILL REMOVE EUR 0.5 MLN FROM ITS RESERVES FOR FUTURE CAPITAL INCREASE.  Full Article

CHL appoints Sauro Landi chairman
Thursday, 21 Sep 2017 07:27am EDT 

Sept 21 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::SAID ON WEDNESDAY BOARD HAD APPOINTED SAURO LANDI EXECUTIVE CHAIRMAN.BOARD REVOKED FERNANDO FRANCHI'S DELEGATED POWERS AND ROLE AS CHAIRMAN.FERNANDO FRANCHI HAD ALREADY SUSPENDED HIS ROLE AS CHAIRMAN IN JUNE 2016 ON HIS OWN WILL.  Full Article

CHL: court says cannot rule on validity of bonds issued to Fernando and Federigo Franchi
Wednesday, 13 Sep 2017 09:25am EDT 

Sept 13 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::COURT IN FLORENCE SAID CANNOT RULE WHETHER THE BONDS SUBSCRIBED BY FERNANDO AND FEDERIGO FRANCHI ARE INVALID AND/OR NEED TO BE CANCELLED .COURT WITHDRAWS PREVIOUS RULING WHICH REQUIRED THE SEIZURE OF THE BONDS.  Full Article

CHL: court orders seizure of bonds owned by Federigo and Fernando Franchi
Tuesday, 15 Aug 2017 02:09am EDT 

Aug 15 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::SAID ON MONDAY THAT THE CIVIL COURT IN FLORENCE HAD ORDERED THE JUDICIAL IMPOUNDMENT OF 2.4 MLN BONDS OWNED BY FEDERIGO FRANCHI AND 2.5 MLN BONDS OWNED BY FERNANDO FRANCHI.THE COURT HAS ALSO ORDERED THE JUDICIAL IMPOUNDMENT OF 20.2 MLN SHARES ALSO OWNED BY FERNANDO FRANCHI AND FEDERIGO FRANCHI RESULTING FROM BOND CONVERSION.  Full Article

CHL approves development plan, sees net profit in 2018
Friday, 14 Jul 2017 04:43am EDT 

July 14 (Reuters) - CHL ::APPROVES 2017-2021 INDUSTRIAL DEVELOPMENT PLAN, SEES REVENUE OF 25.7 MLN EUROS IN 2017, 35.6 MLN EUROS IN 2018, 39.2 MLN EUROS IN 2019, 46.4 MLN EUROS IN 2020 AND 53.8 MLN EUROS IN 2021.SEES NET LOSS OF 1.1 MLN EUROS IN 2017, NET PROFIT OF 1.2 MLN EUROS IN 2018, NET PROFIT OF 1.6 MILLION EUROS IN 2019, NET PROFIT OF 2.9 MILLION EUROS IN 2020, NET PROFIT OF 4.3 MILLION EUROS IN 2021.SEES EBITDA AT 0.4 MLN EUROS IN 2017, 3.0 MLN EUROS IN 2018, 3.8 MLN EUROS IN 2019, 5.7 MLN EUROS IN 2020, 7.5 MLN EUROS IN 2021.SEES INVESTMENT IN NEXT 12 MONTHS AT 1 MLN EUROS.  Full Article

CHL: 2.7 mln shares subscribed in fourth conversion period of bond due 2018
Wednesday, 5 Jul 2017 05:18am EDT 

July 5 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::REPORTED ON TUESDAY RESULTS OF THE FOURTH CONVERSION PERIOD FOR ITS 6.0 PCT 2014-2018 CONVERTIBLE BOND.REPORTED 2.7 MILLION SHARES SUBSCRIBED, CORRESPONDING TO AN INCREASE IN SHARE CAPITAL OF EUR 16,240.67, WITH A PROVISION FOR THE SHARE PREMIUM RESERVE OF EUR 50,075.41.  Full Article

CHL not to reimburse fourth tranche of bond due 2018
Monday, 3 Jul 2017 06:15am EDT 

July 3 (Reuters) - CENTRO HL DISTRIBUZIONE SPA ::SAID ON FRIDAY IT WOULD NOT REIMBURSE THE FOURTH TRANCHE OF 6.0 PCT 2014-2018 CONVERTIBLE BOND.TRANCHE AMOUNTS TO UP TO 1.6 MILLION EUROS AND INCLUDES AN INTEREST COUPON OF 0.2 MLN EUROS.DECISION WAS THE RESULT OF NON FULFILMENT OF COMMITMENTS MADE BY SHAREHOLDERS FERNANDO AND FEDERIGO FRANCHI TO GIVE ADEQUATE FINANCIAL RESOURCES TO THE COMPANY.  Full Article

Ichigo to invest 3.21 bln yen in silent partnership to acquire 100 pct stake in CENTRO
Friday, 30 Jun 2017 02:50am EDT 

June 30(Reuters) - Ichigo Inc <2337.T>:Says it will invest 3.21 billion yen in a silent partnership (SPC), to make the SPC as a wholly owned unit of the company on June 30.Says the SPC will use the money to buy 100 percent stake in real estate firm CENTRO Co Ltd, on July 3.  Full Article

BRIEF-Italy's CHL To Acquire Poland's Airtime And Rumenia's Prime Exchange Technologies

* SAID ON WEDNESDAY IT HAD SIGNED AGREEMENT TO BUY 100 PCT OF POLAND'S AIRTIME AND RUMENIA'S PRIME EXCHANGE TECHNOLOGIES

No consensus analysis data available.