LES ULIS, France--(BUSINESS WIRE)--Regulatory News:
Designed to support the development of the LFB group, this capital increase was voted by LFB S.A’s Board of Directors on 18th September, and was approved in General meeting of shareholders on 2nd October. It will be wholly subscribed by the French State which is the unique shareholder of LFB S.A.
The release schedule is based on four successive steps between the first subscription before 16th October 2015, for 60 million euros, and the fourth subscription planned for April 2018 latest. At the end of the operation, the authorized capital of LFB S.A. will be of 280 million euros (280 000 000 euros), falling into five millions and six hundreds of thousands (5 600 000) shares of fifty euros (50 euros) each.
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Designed to support the development of the LFB group, this capital increase was voted by LFB S.A’s Board of Directors on 18th September, and was approved in General meeting of shareholders on 2nd October. It will be wholly subscribed by the French State which is the unique shareholder of LFB S.A.
The release schedule is based on four successive steps between the first subscription before 16th October 2015, for 60 million euros, and the fourth subscription planned for April 2018 latest. At the end of the operation, the authorized capital of LFB S.A. will be of 280 million euros (280 000 000 euros), falling into five millions and six hundreds of thousands (5 600 000) shares of fifty euros (50 euros) each.
Help employers find you! Check out all the jobs and post your resume.
