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Prelios says all board members to resign on Oct. 16
September 4, 2015 / 12:05 PM / 2 years ago

Prelios says all board members to resign on Oct. 16

MILAN, Sept 4 (Reuters) - Italian property firm Prelios said on Friday all its board members would resign after a shareholders’ meeting scheduled for Oct. 16, which is due to approve a cash call for up to 66.5 million euros ($74 million).

Last month, the group announced a spin-off of its non-core assets to focus on its real estate services business. It also said it would launch a rights issue by the end of the year. ($1 = 0.8979 euros) (Reporting by Francesca Landini and Elisa Anzolin, editing by Isla Binnie)

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