DGAP-News: CPI PROPERTY GROUP / Key word(s): Capital Increase CPI PROPERTY GROUP - Issuance of New Ordinary Shares 2021-09-01 / 17:51 The issuer is solely responsible for the content of this announcement.
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CPI Property Group (société anonyme) 40, rue de la Vallée L-2661 Luxembourg R.C.S. Luxembourg: B 102 254 Press Release - Corporate News
Luxembourg, 1 September 2021 CPI PROPERTY GROUP - Issuance of New Ordinary Shares CPI PROPERTY GROUP (the "Company") announces the issue of 162,337,662 new ordinary shares for EUR 100 million. The new ordinary shares, having a par value of EUR 0.10, were issued today at a subscription price of EUR 0.616 per share in a reserved capital increase under the Company's authorized share capital. All of the shares were subscribed by entities closely associated with Mr. Radovan Vitek, being the beneficial owner of the Company. The new shares were fully paid up by a cash contribution, further strengthening the Company's equity. Following today's capital increase, Mr. Vitek owns 7,659,340,486 Company's shares representing 93.72% of share capital (94.5% of voting rights). The corporate share capital of the Company has been increased today from EUR 801,005,815.50 represented by 8,010,058,155 ordinary shares to EUR 817,239,581.70 represented by 8,172,395,817 ordinary shares. As of 1 September 2021, the total number of shares comprising the share capital of the Company is 8,172,395,817. The total number of voting rights attached to the shares comprising the share capital of the Company is 8,172,395,817. Voting rights attached to 67,000,000 shares held by Company's subsidiary are suspended.
For further information please contact: Investor Relations David Greenbaum Chief Financial Officer d.greenbaum@cpipg.com
Joe Weaver Director of Capital Markets j.weaver@cpipg.com For more on CPI Property Group, visit our website: www.cpipg.com
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2021-09-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: CPI PROPERTY GROUP 40, rue de la Vallée L-2661 Luxembourg Luxemburg Phone: +352 264 767 1 Fax: +352 264 767 67 E-mail: contact@cpipg.com Internet: www.cpipg.com ISIN: LU0251710041 WKN: A0JL4D Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart EQS News ID: 1230562 End of News DGAP News Service =------------
1230562 2021-09-01
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September 01, 2021 11:51 ET (15:51 GMT)