Elix VRS approved €14.3M capital increase

Elix VRS approved €14.3M capital increase

The company’s board’s decision was announced to BME Growth, former Mercado Alternativo Bursátil and it should carry out a first issue of 13 million new shares at 0.9 euro per share, further informed the newspaper.

It should be recalled that at the end of October the REIT’s general shareholder’s meeting greenlighted a capital increase of up to 34.1 million euro, to be issued in one or more operations. The idea is to increase the REIT’s capital by 50%, with the administration board determining the terms for each of the issuances.

Elix VRS closed the first semester with losses of 1.4 million euro and more than doubled its turnover to 1.3 million euro, informed the newspaper.

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