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News

05 MAR

Capital Increase Results

The Company reports the results of the capital increase having finished the subscription periods.

The Company reports that having finished the pre emptive rights subscription period, the Company's shareholders have subscribed the amount of 87,264,898 new additional shares, that is 97% of the shares offered, and have requested through the accretion right 26,017,220 additional new shares, for which 2,735,102 new shares will be issued, completing the total issuance of 90,000,000 new shares (or their equivalent in ADS) offered. Likewise, 90,000,000 options will be issued that will entitle the holders through their exercise to acquire up to 90,000,000 additional new shares.

 

The issue and settlement date for the new shares will be March 9, 2021 and for the options will take place within 10 business days after the new shares and new ADSs were credited.

 

After this capital increase, the outstanding shares of the Company will amount to 591,642,804 common shares or 59,164,280 ADS.