Igd S.p.A., resolved upon the setting up of a Newco whose purpose will be to develop a multifunctional centre of excellence in Livorno
The Extraordinary Shareholders’ meeting of IGD has resolved today the issue of the bonds convertible into IGD ordinary shares for an amount of Eur 230 million
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 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
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
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
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.
