EPH plans capital increase
The SIX-listed real estate company Eastern Property Holdings (EPH) intends to increase its equity and issue up to 5.05 million new shares.
The company, which focuses on office, retail and residential properties in Russia and Germany, announced that the proceeds from the capital increase will be used to finance its operating activities.
The shares are to be offered between November 9 and December 5, first to existing shareholders on a pro rata basis and then to investors selected by the company. EPH did not provide any further details for the time being. (ah)
(Visited 51 times, 1 visits today)
