December 20, 2017 / 6:39 AM / 9 months ago

BRIEF-Quabit places new shares for 29 mln euros

Dec 20 (Reuters) - QUABIT INMOBILIARIA SA:

* SAID ON TUESDAY IT HAS CLOSED CAPITAL INCREASE AFTER SHARE PLACEMENT IN THE TOTAL AMOUNT OF 29.0 MILLION EUROS

* ISSUED 17.6 MILLION SHARES, WHICH CORRESPONDS TO 18.89 PERCENT OF ITS SHARE CAPITAL

* ISSUE PRICE AT 1.65 EURO PER SHARE, CORRESPONDING TO 4.62 PERCENT DISCOUNT VERSUS CLOSING PRICE ON DEC. 18

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Further company coverage: (Gdynia Newsroom)

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