November 12, 2019 / 7:07 AM / 3 months ago

BRIEF-Millenium Hotels Real Estate To Propose Capital Increase Of Up To 400 Mln Euros

Nov 12 (Reuters) - Millenium Hotels Real Estate I SOCIMI SA :

* SAID ON MONDAY TO PROPOSE SHARE CAPITAL INCREASE OF UP TO 150 MILLION EUROS AT 5 EUROS PER SHARE WITH RECOGNITION OF PRE-EMPTIVE SUBSCRIPTION RIGHTS

* TO PROPOSE CAPITAL INCREASE OF 250 MILLION EUROS EXCLUDING ALLOWANCE OF PREFERENTIAL SUBSCRIPTION, ISSUE PRICE MAY NOT BE LESS THAN 5 EUROS PER SHARE

Source text: bit.ly/34Qp4PL

Further company coverage: (Gdansk Newsroom)

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