Development in the South continues as investments provided for in the new Business Plan are brought forward
Igd S.p.A., has entered into an agreement with GAM, focused on the development and management of Shopping Centres in the South of Italy, for the acquisition of a joint venture shareholding in a company
IGD has successfully completed the offering of new shares via the capital increase and the offering of convertible bonds
IGD confirms that today has successfully completed the placement of ordinary shares coming from the capital increase with exclusion of any pre-emptive right, for a total amount of Eur 98.55 million
Bond offering convertible into the ordinary shares of IGD
IGD has received from Coop Adriatica and Unicoop Tirreno a letter, addressed also to the joint bookrunners JPMorgan and BNP Paribas, relating to the issue of the bonds convertible (the “Bonds”) into the ordinary shares of IGD, as announced by IGD in its press releases dated 7 and 10 May 2007
IGD S.p.A. offers Eur 200 million convertible bonds to institutional investors with an increase option of up to an additional Eur 30 million
The Board of Directors of Immobiliare Grande Distribuzione S.p.A. (“IGD”) has approved the offering of bonds convertible into ordinary shares of IGD in an amount of Eur 200 million, subject to an increase option of up to an additional Eur 30 million
Results presentation as at 31 March 2007 and 2008-2012 business plan
The results for the first quarter of 2007 were approved: value of production of € 18.34 million, EBITDA of € 11.96 million, EBIT of € 11.84 million, pre-tax profit of € 8.40 million. The BoD approved the 2008/2012 business plan which contemplates € 800 million of investments.
Approved by the B.o.D. the 2008-2012 business plan, the results for the first quarter 2007, the capital increase and the bond issue
The BoD of Igd S.p.A., approved the new 2008/2012 business plan, a share capital increase and a convertible bond offering and the quarterly results for the period ended March 31, 2007
