Mfe-mediaforeurope Nv Class AMIL: MFEA

MFE-MediaForEurope Subscribes 32.9% Stake in Impresa

· Issued by Mfe-mediaforeurope Nv Class A

MFE-MEDIAFOREUROPE NV MIL:MFEA:

  • SUBSCRIBES NEWLY ISSUED IMPRESA SHARES REPRESENTING 32.934% STAKE

  • SUBSCRIBES 82,500,000 NEW IMPRESA SHARES AT EUR 0.21 PER SHARE FOR EUR 17.3 MILLION

  • IMPREGER HOLDS 33.738%, MFE 32.934%, FREE FLOAT 33.328% OF IMPRESA

  • IMPREGER, TO RETAIN CONTROL OF IMPRESA

  • FRANCISCO PEDRO BALSEMÃO APPOINTED CHAIRMAN OF BOARD OF DIRECTORS , TO ACT AS CEO OF IMPRESA

  • GROUP APPOINTED THREE DIRECTORS TO BOARD OF DIRECTORS OF IMPRESA, ONE OF WHOM WILL ALSO ASSUME DUTIES IN THE AUDIT COMMITTEE

Earlier from Mfe-mediaforeurope Nv Class A

All Mfe-mediaforeurope Nv Class A news releases