July 11 (Reuters) - Cox ABG Group SA COXGA.MC:
SAID ON THURSDAY BOARD HAS RESOLVED TO INCREASE COMPANY’S SHARE CAPITAL THROUGH NON-MONETARY CONTRIBUTIONS CONSISTING OF COX ENERGY SHARES, BY A MAXIMUM AMOUNT OF 923,316 EUROS
TO BE CARRIED OUT THROUGH ISSUANCE AND PLACEMENT INTO CIRCULATION OF UP TO 9.2 MLN NEW ORDINARY SHARES EACH WITH A NOMINAL VALUE OF 0.10 EUROS, ALLOWING FOR POSSIBILITY OF PARTIAL SUBSCRIPTION
SUBSCRIPTION PERIOD TO REMAIN OPEN UNTIL DECEMBER 26, 2025
SHARES WILL BE SUBSCRIBED AND PAID FOR THROUGH NON-MONETARY CONTRIBUTIONS CONSISTING OF UP TO 46.2 MLN COX ENERGY SHARES
HAS SECURED IRREVOCABLE COMMITMENTS FROM CERTAIN COX ENERGY SHAREHOLDERS TO CONTRIBUTE 16.6 MLN COX ENERGY SHARES AS CONSIDERATION FOR CAPITAL INCREASE REPRESENTING C. 9.2% OF COX ENERGY’S SHARE CAPITAL
COMPANY HAS PARTIALLY EXECUTED CAPITAL INCREASE THROUGH ISSUANCE OF 3.3 MLN NEW ORDINARY SHARES FOR TOTAL EFFECTIVE AMOUNT OF 24.2 MLN EUROS, INCLUDING 331,147 EUROS IN NOMINAL VALUE AND 23.8 MLN IN SHARE PREMIUM
Source text for Workspace: nCNM936ywq
Further company coverage: COXGA.MC
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