Share Capital Increase
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Bloomberg· 2025-11-21 04:12
RT Bloomberg New Economy (@BBGNewEconomy)What can we expect next in the Greek energy market? "IPTO will at some point probably require a share capital increase, we still feel this is an asset that should be controlled by the state. When it comes minority shareholders we are open to attract more capital." Prime Minster @kmitsotakis #BloombergNewEconomy⏯️https://t.co/4iqEw0ZXNt ...
SU Group Holdings Limited Announces Reverse Stock Split, Share Capital Increase and Share Capital Alteration
Prnewswire· 2025-08-20 21:00
Core Viewpoint - SU Group Holdings Limited will implement a 1-for-10 reverse stock split, increase its authorized share capital, and alter its share capital structure, effective August 25, 2025, to comply with Nasdaq listing requirements [1][3]. Share Consolidation - The reverse stock split will consolidate every ten ordinary shares into one, changing the par value from HK$0.01 to HK$0.10 [2][4]. - The number of issued and outstanding ordinary shares will decrease from approximately 13,847,500 to about 1,384,750 [4]. - The new CUSIP number assigned due to the consolidation is G8552M117 [2]. Share Capital Increase - The authorized share capital will increase from HK$7,500,000 (75,000,000 shares) to HK$75,000,000 (750,000,000 shares) [6]. Share Capital Alteration - The share capital alteration will re-designate the authorized share capital into 749,098,320 Class A ordinary shares and 901,680 Class B ordinary shares [7]. - The voting power of Mr. Chan Ming Dave, the Company's chairman, will increase from approximately 65.84% to 98.96% due to the new share structure [8]. Additional Information - Outstanding stock options and other convertible securities will be adjusted based on the 1-for-10 ratio [9]. - The trading of Class A Ordinary Shares on Nasdaq is expected to continue without disruption [9]. - SU Group provides integrated security-related engineering services, including threat detection and traffic control systems, primarily in Hong Kong [10].
Fagron increases share capital through exercise subscription rights
Globenewswire· 2025-06-06 17:00
Group 1 - Fagron has issued 85,000 new shares as a result of the exercise of subscription rights on June 6, 2025 [1] - The total share capital of Fagron currently amounts to €504,303,905.59, with a total of 73,313,904 shares with voting rights [2] - There are 1,465,833 rights to subscribe to not yet issued shares with voting rights [2] Group 2 - Fagron is a leading global company in pharmaceutical compounding, providing personalized medicine to various healthcare facilities in 35 countries [3] - The company is registered in Nazareth and listed on Euronext Brussels and Euronext Amsterdam under the ticker symbol 'FAGR' [4] - Fagron's operational activities are managed by its Dutch subsidiary, Fagron BV, headquartered in Rotterdam [4]
Arco Vara Acquires Luther Quarter Properties
Globenewswire· 2025-05-12 06:00
Acquisition Overview - Arco Vara AS subsidiaries have acquired full ownership of the Luther Quarter, consisting of 15 properties in central Tallinn, with a gross building volume of 95,000 m², including 18,500 m² of commercial space and 33,000 m² of net residential area [1] - The acquisition price for the Luther Quarter is €35 million, with a total estimated investment for the project amounting to €205 million [2] Development Plans - Over the next eight years, Arco Vara plans to develop the former industrial area into a modern mixed-use urban quarter, including commercial space, residential properties, and public areas, with construction scheduled to begin in 2026 [3] - The presale of the first phase, which includes the development of four buildings, is also planned for 2026 [3] Financing Structure - The purchase price will be paid to the sellers in Arco Vara AS shares, cash, and through the modified assumption of loan obligations with AS LHV Pank [4] - An additional €17.5 million in investment is required for the development, leading to a directed share issue aimed at Alarmo Kapital OÜ and the previous owners of the Luther Quarter properties [5] Share Capital Increase - The directed share issue will involve issuing 6,980,000 new shares at an issue price of €2.50 per share, with €0.70 as nominal value and €1.80 as share premium [6] - The share price was agreed upon considering the financial interests of existing and new shareholders, the average market price before the deal, and the potential synergies created by the transaction [7] Loan Agreement - Arco Vara AS has entered into a loan agreement with majority shareholder Alarmo Kapital OÜ at an annual interest rate of 6%, providing a loan of €12 million [8] - Alarmo Kapital OÜ will also subscribe to 2,100,000 shares for a total of €5.25 million, resulting in Alarmo Kapital OÜ holding at least 8,780,000 shares post-transaction [8] Strategic Insights - The transaction is expected to double Arco Vara's asset volume while maintaining the equity-to-debt ratio, with a projected tripling of development potential due to existing building permits exceeding 70,000 square meters [9] - The management expresses confidence in Tallinn's growth and the capabilities of Arco Vara's team [9]