The new shares of Nextil from the capital increase have been admitted to trading this Friday by the Madrid and Barcelona Stock Exchanges, with effect from the next business day, that is to say, from next Monday, May 23, as reported to the National Securities Market Commission (CNMV).
Last April, the company definitively concluded the subscription of new shares, a total of 11,363,632 shares, for a value of five million euros within the framework of this capital increase.
Previously, in March, the company announced a capital increase of up to 12.57 million euros. The transaction involved the issuance of new shares and an offsetting of receivables from Businessgate, the group’s majority shareholder.
The cash capital increase, together with the capital increase by offsetting loans, is part of the set of measures aimed at improving the liquidity, solvency and equity position of the company and its group, which also seeks to optimize the cost of borrowed funds.