EANS-News: Grand City Properties S.A.
19.07.2012 – 20:20
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Capital measures/Capital Increase Luxembourg (euro adhoc) - Grand City Properties S.A., société anonyme. Siège social: L-1430 Luxembourg, 6, boulevard Pierre Dupong. R.C.S. Luxembourg B 165.560. 19. Juli 2012 Grand City Properties S.A.: Erfolgreiche Kapitalerhöhung über EUR 15 Mio. Die Grand City Properties S.A. hat im Rahmen der aktuellen Barkapitalerhöhung einen Brutto-Emissionserlös von EUR 15,125 Mio. erzielt. Insgesamt wurden 5.500.000 neue Aktien zu einem Ausgabebetrag von EUR 2,75 im Rahmen einer internationalen Privatplatzierung an institutionelle Investoren platziert. Die Mittel sind vorrangig für den Erwerb weiterer Immobilienportfolios bestimmt. Die Kapitalerhöhung wurde durch die quirin bank AG, Berlin, als Bookrunner begleitet. Grand City Properties S.A. received gross proceeds of EUR 15.125 million during the current capital increase against contribution in cash. A total of 5.5 million new shares were placed at an issue price of EUR 2.75 as part of an international private placement to institutional investors. The funds are primarily determinded for the acquisition of additional real estate portfolio. The capital increase was accompanied by the quirin bank AG, Berlin, as bookrunner. Grand Properties S.A. 6, boulevard Pierre Dupong L 1430 Luxemburg www.grandcityproperties.com Further inquiry note: Herr Eyal Ben David Tel.: 0049308870880 E-Mal: Eyal@grandcityhotels.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Grand City Properties S.A. boulevard Pierre Dupong 6 D-L-1430 Luxembourg phone: 0035226187379 FAX: 0035226187779 WWW: http://www.grandcityproperties.com sector: Financial & Business Services ISIN: LU0775917882 indexes: Entry Standard Index stockmarkets: Open Market: Frankfurt language: English