BRIEF-SA Inmobiliaria Sport Francais to run capital hike of CLP 3 billion

jueves 12 de mayo de 2016 11:05 GYT

May 12 (Reuters) - SA Inmobiliaria Sport Francais :

* Said on Wednesday it will run a capital increase with preferential subscription rights for 3 billion Chilean pesos ($4.39 million)

* Said will issue 800 new A class shares and 400 class B shares

* To offer shares to existing shareholders at a rate of 0.2222 new shares per one existing share held

* To offer shares at 2.5 million pesos each

* Says capital increase is aimed at simplifying current and future shareholding relations with Corporacion Club de Golf Sport Frances as well as raising funds for improvement works

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($1 = 682.8700 Chilean pesos) (Gdynia Newsroom)