Jaba I Inversiones Inmobiliarias, Socimi, S.A. (BME:YABA) announced a private placement of 1,341,534 common shares at €1 per share for gross proceeds of €1,341,534 on June 20, 2018. Each share to be issued will have a par value of €1. The shareholders of the company approved the transaction at the company’s extraordinary and universal general shareholders meeting.