* SAID ON WEDNESDAY IT PROPOSED INCREASE IN SHARE CAPITAL FOR EFFECTIVE AMOUNT (NOMINAL VALUE PLUS PREMIUM) OF 39.8 MILLION EUROS BY ISSUING 52 MILLION NEW ORDINARY SHARES WITH PAR VALUE OF FIVE EURO CENTS EACH, PLUS ISSUE PREMIUM OF 0.7161 EUROS
* THEREFORE, ISSUE PRICE IS 0.7661 EUROS/SHARE, WITH CHARGE
TO
CASH CONTRIBUTIONS AND RECOGNITION OF SHAREHOLDERS' PRE-EMPTIVE
SUBSCRIPTION RIGHTS, IN ORDER TO REPAY CREDIT HELD BY MOTA-ENGIL
MEXICO AGAINST DURO FELGUERA
* TO ALSO PROPOSE INCREASE IN SHARE CAPITAL FOR EFFECTIVE
AMOUNT
(NOMINAL VALUE PLUS PREMIUM) OF UP TO 90 MILLION EUROS, PLUS, IF
APPLICABLE, AMOUNT OF INTEREST ACCRUED UP TO DATE OF EXECUTION
OF THIS CAPITAL INCREASE, BY ISSUING UP TO 117.5 MILLION NEW
ORDINARY SHARES
* ISSUE ALSO, IF APPLICABLE, OF THOSE SHARES NECESSARY FOR
CAPITALISATION OF ACCRUED AND UNPAID INTEREST, WITH NOMINAL
VALUE OF FIVE EURO CENTS EACH, PLUS ISSUE PREMIUM OF 0.7161
EUROS
* CAPITAL INCREASE WILL BE CARRIED OUT BY MEANS OF
OFFSETTING
CREDITS, IN ORDER TO CAPITALISE CREDIT RIGHTS ARISING FROM LOAN
AGREEMENTS ENTERED INTO BY DURO FELGUERA IN AMOUNT OF 90 MILLION
EUROS
* LOAN AGREEMENT GRANTED BY GRUPO PROMOTOR DE DESARROLLO E
INFRAESTRUCTURA AND AMOUNT OF LOAN AGREEMENT SIGNED WITH
MOTA-ENGIL MEXICO THAT HAS NOT BEEN REPAID BY MEANS OF FUNDS
OBTAINED IN FIRST RESOLUTION TO INCREASE CAPITAL INCLUDED IN
ITEM ONE OF THE AGENDA OF MEETING SHALL BE CAPITALISED IN FULL
Source text for Eikon: Further company coverage: (Gdansk Newsroom)
