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BRIEF-Aroundtown Property Holdings launches capital increase
May 9, 2017 / 4:23 PM / 3 months ago

BRIEF-Aroundtown Property Holdings launches capital increase

May 9 (Reuters) - AROUNDTOWN PROPERTY HOLDINGS PLC

* REG-AROUNDTOWN PROPERTY HOLDINGS PLC. AROUNDTOWN PROPERTY HOLDINGS PLC. ANNOUNCES A CAPITAL INCREASE OF APPROXIMATELY 65 MILLION NEW SHARES AND AN OFFER TO HOLDERS OF OUTSTANDING CONVERTIBLE BONDS MATURING IN 2020 TO TENDER THEIR BONDS FOR CASH OR EXCHAN

* REG-AROUNDTOWN PROPERTY HOLDINGS PLC. AROUNDTOWN PROPERTY HOLDINGS PLC. ANNOUNCES A CAPITAL INCREASE OF APPROXIMATELY 65 MILLION NEW SHARES AND AN OFFER TO HOLDERS OF OUTSTANDING CONVERTIBLE BONDS MATURING IN 2020 TO TENDER THEIR BONDS FOR CASH OR EXCHANGE INTO NEW SHARES

* PURCHASE PRICE PER EUR 100,000 PRINCIPAL AMOUNT WILL BE BOND CLOSING PRICE ON 9 MAY 2017

* NEW SHARES WILL CARRY FULL DIVIDEND RIGHTS AS OF 1 JANUARY 2017.

* NEW SHARES WILL BE ADMITTED TO TRADING WITH COMPANY'S EXISTING SHARES, WITHOUT A PROSPECTUS, AND ARE EXPECTED TO BE INCLUDED IN EXISTING QUOTATION FOR COMPANY'S SHARES ON 12 MAY 2017 ( 'SETTLEMENT DATE'). Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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