Austria: Porr to Increase Capital

Business › n.a. ♦ Published: April 25, 2013; 09:48 ♦ (Vindobona)

Listed construction company Porr AG intends to get up to € 20.7m from the stock exchange. The offer only includes selected investors and existing shareholders.

Austria: Porr to Increase Capital / Picture: © Vindobona.org

As announced by the company on Wednesday evening, Porr has decided on an issue of up to 287,698 shares at a subscription price of € 72 per share. Existing shareholders have the subscription right at a ratio of 9 to 1. The subscription period will be from April 30 to May 14. The final volume of the capital increase will be fixed after the expiry of the subscription period, on the May…

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