Verbund Completes its € 1bn Capital Increase

Business › n.a. ♦ Published: November 26, 2010; 16:46 ♦ (Vindobona)

Vienna Stock Exchange listed Verbund AG successfully completed its capital increase and placed 39,215,686 new shares.

Verbund Completes its € 1bn Capital Increase / Picture: © Vindobona.org

subscription and offer price was set at € 25.50 per new share. The subscription ratio was approx. 1:7.9. The proceeds from the transaction will facilitate the implementation of Verbund long-term investment plan and strengthen its capital structure.

Existing shareholders exercised approx. 84% of their subscription rights at the subscription and offer price. As previously…

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