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NNA - Statue of Lebanese Saint Charbel erected in Our Lady Fatima Church in Ukraine
NNA - Bishop Zaparoja Pan Sobilio presided over a ceremony in the city of Odessa, Ukraine, marking the installation of...
NNA - La Finul insiste sur la coopération et le développement à l'occasion de la Journée internationale de la paix
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SANA - بمبادرة أهلية.. الشمس تنير شوارع دير عطية ليلاً نهاراً
ريف دمشق-سانا
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SANA - Presidents al-Assad and Putin discuss latest developments in Syria and Idleb Agreement in a phone call
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SANA - MOU between Syria and China in the field of protecting and mending antiquities signed
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Lusa - Business News - National demonstration of taxi drivers
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NNA - اتفاق تعاون بين نادي المتحد طرابلس ونادي Anadolu Efes التركي لكرة السلة
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NNA - تمانية ميداليات ذهبية للبنان في اليوم الاخير لبطولة بيروت الدولية بالتايكواندو
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ATA - CoE congratulates government on property compensation formula, Albania’s case, a success story
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ATA - Albania’s seafood exports increase by 55%
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Lusa - Business News - Portugal: Government opens tender to create spaceport in Azores islands
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Lusa - Business News - Portugal: 29th edition of Portugal’s Portojóia jewellery fair kicks off Thursday
Porto, Sept. 24 (Lusa) – The 29th edition of Portugal’s Portojóia jewellery fair, taking place from Thursday to Sunday at...
Lusa - Business News - Portugal: EDP sale to China Three Gorges gets Brazilian approval
Lisbon, Sept. 24 (Lusa) – Brazil’s Administrative Council for Economic Defence approved the sale of Portugal’s largest energy company Energias...
Lusa - Business News - Portugal: All passengers die in IC8 car crash
Pombal, Portugal, Sept. 24 (Lusa) - All six victims from an accident on Monday involving two goods vehicles on the...
Lusa - Business News - Portugal: ERA Portugal rules out housing bubble scenario
Lisbon, Sept. 24 (Lusa) – Real estate company ERA Portugal forecasts a rise in supply will lower prices and has...
Lusa - Business News - Macau: Authorities launch interest-free credit line for SMEs following typhoon
Macau, China, Sept. 24 (Lusa) – The government of Macau announced a new interest-free credit line for small and medium...
Lusa - Business News - Portugal: TAP's former CEO gets merit medal from the Government
Lisbon, Sept. 24 (Lusa) – The former executive president of Portugal's airline TAP, Fernando Pinto, was awarded the gold merit...
Lusa - Business News - Mozambique: Refinery to produce white sugar from October
Maputo, Sept. 24 (Lusa) – The Xinavane sugar refinery in southern Mozambique will start producing white sugar from October, after...
EFE - SPAIN OPERA - Montserrat Caballé admitted into Barcelona hospital due to health issue
Barcelona, Sep 24 (EFE).- Spanish opera singer, Montserrat Caballé, was admitted on Monday into the hospital due to a long-running...
Lusa - Business News - Portugal: VEM purchase not a 'good investment' - Former TAP CE
Lisbon, Sep. 24 (Lusa) – The former chairman of Portuguese flag carrier TAP, Fernando Pinto, has been questioned under oath...
Lusa - Business News - Guinea-Bissau: China plans to invest $50mn infrastructure projects
Bissau, Sept. 24(Lusa) – The Chinese government plans to invest over $50 million (€42.5 million) to cooperate in infrastructure projects...
Lusa - Business News - Portugal: Two-year bond yield falls, five- and ten-year rise on Monday morning
Lisbon, Sept. 24 (Lusa) – Interest on Portugal's sovereign debt on Monday morning at around 9 a.m. in Lisbon was...
CNA - Trade turnover of motor vehicles up by 7.4% in first half of 2018
CNA - Cyprus/NICOSIA
The turnover value index of wholesale and retail trade and repair of vehicles was up by 7.4% in...
Lusa - Business News - Macau: Region has over 23 million visitors in first eight months
Macau, Sept. 24 (Lusa) - More than 23 million people visited Macau in the first eight months of the year,...
Lusa - Business News - Portugal: Lisbon stock exchange opens trading up by 0.04%
Lisbon, Sept. 24 (Lusa) - The benchmark index of the Lisbon stock exchange (PSI20) started trading on Monday down by...
Lusa - Business News - Portugal: Top headlines on Monday
Lisbon, Sept. 24 (Lusa) - The headlines in the Portuguese press on Monday include the news that Portuguese cities are...
HINA - Croatian ministers' participation rate at EU ministerial meetings 56%
ZAGREB, Sept 23 (Hina) - Croatia's ministers show up at 56% of meetings in the Council of the European...
Lusa - Business News - Portugal: REN increases capital by €250 million




Lisbon, Nov. 13 (Lusa) - Portuguese power grid company REN aplans to increase its capital by €250 million, the company said on Monday, setting the subscription price for each new share at €1.877, a 25% discount on the stock's closing price on Friday.
"The subscription price was set at €1.877 per share. The subscription price is a discount of approximately 25% against the theoretical ex-rights price calculated based on the closing price of REN shares on Euronext Lisbon on 10 November, 2017," the company said in a statement on Monday.
REN said it intends to initiate this offer "as soon as possible," after approval of its prospectus by the Portuguese Securities Market Commission (CMVM) and its publication along with the notice for the exercise of subscription rights, based on these terms.
So far REN has received "irrevocable commitments from several of its major shareholders, representing a total of approximately 30% of REN's current share capital, stating that they will exercise their preemptive rights to subscribe shares in amounts that are proportional to their current holdings."
The transaction is being carried out with the support of Banco Santander, Caixa-Banco de Investimento and JP Morgan Securities plc.
REN has said it plans to use the results of this offer to partially repay the financing taken on to finance its acquisition of EDP Gás, SGPS, SA and its subsidiaries, EDP Gás Distribuição, SA and EDP Gás GPL - Comércio de Gás de Petróleo Liquefeito, SA, on 4 October this year.

ICO/CA // CA
Lusa


Agency : LUSA

Date : 2017-11-14 09:14:52







 

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