Results of Capital Increase

About this update from International Consolidated Airlines Group Sa

[{"type":"text","content":"\n \n \n \n RNS Number : 8829A\n International Cons Airlines Group\n 01 October 2020\n  \n \n \n \n \n NOT FOR DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), \n \n \n AUSTRALIA\n \n \n , CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND OR THE UNITED ARAB EMIRATES, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, RELEASE OR PUBLICATION WOULD BE RESTRICTED OR PROHIBITED. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE ANNOUNCEMENT. \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. \n \n \n FOR IMMEDIATE RELEASE\n \n \n 1 October 2020 \n \n \n International Consolidated Airlines Group, S.A.\n \n \n Results of Capital Increase\n \n \n  \n \n \n  \n \n Further to the announcement published on 10 September 2020, International Consolidated Airlines Group, S.A. (\"IAG\" or the \"Company\") today announces the results of the Capital Increase following the conclusion of the Pre-emptive Subscription Period and the Allocation Period for Additional Shares as provided for in the prospectus approved by, and registered with the official registry of, the Spanish National Securities Market Commission (\"CNMV\") and passported into the United Kingdom on 10 September 2020 (the \"Prospectus\"). The Company has received acceptances in respect of 2,979,443,376 New Shares, representing 100% of the total number of New Shares to be issued pursuant to the Capital Increase. The detail of such acceptances is as follows:\n (i)  Pre-emptive Subscription Period: during the Pre-emptive Subscription Period, which ended on 26 September 2020, a total of 2,763,523,467 New Shares were subscribed for, representing 92.75% of the New Shares, leaving 215,919,909 Excess Shares.\n (ii)  Allocation Period for Additional Shares: a total of 6,302,363,354 Additional Shares were requested during the Pre-emptive Subscription Period, representing 211.53% of the New Shares. As the number of Additional Shares requested exceeded the Excess Shares available, the Agent Bank has carried out the pro rata allocation as set out in the Prospectus.\n As a result of the above, no Discretionary Allocation Period is required.\n It is expected th...

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