Independent journal on economy and transport policy
09:18 GMT+1
This page has been automatically translated by Original news
The Board of Directors of Friend International Shipping has approved of a capital increase
New actions until to the maximum amount of 44,0 million euros
March 20, 2019
The board of directors of the shipowning society of Friend International Shipping (DIS), specialized in the field of the tankers, has deliberated to approve of an increase of share capital to payment, in the limits of the vital authorized person, until the maximum amount of the equivalent in dollars of 44,0 million euros (comprehensive of overcharge) by means of the emission of a maximum of 587,3 million new sets in action to offer as an option to having straight to a price of offer of the 0,075 euros (0,085 dollars) for every action, in the relationship of 10 new ones sets in action every 11 practised right of first refusals.
Moreover the Board has deliberated to approve of a classified emission of rights to the shareholders of the society that consists in an offer of rights to assign to the shareholders of the society for the subscription of new actions of the society and, if the right of first refusals are exercised only partially during the offer of the rights, the new actions not sign during the offer of the rights will be offered by the society in a next institutional placement.
DIS has specified that the clean proceeds of the offer will be used in order to strengthen the budget of the society, reducing the lever financial institution and improving the liquidity.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher