An extraordinary General Meeting is scheduled for 11:00 AM to deliberate, among other issues, “on the conversion of shares representing the share capital” with a nominal value of 0.50 euros and “authorize the Board of Directors, within one year from the date of the respective authorization, to increase the share capital” of Impresa “by up to 17,325,000 euros through cash contributions.”
Another point of discussion is “to resolve on the suppression of the legal preemptive right in the capital increase to be decided by the administration body” of Impresa and, “in case of approval of Item One and/or Item Two on the agenda, to deliberate on the partial amendment and renumbering of some of the articles of the company’s statutes,” according to a statement sent to the market regulator CMVM.
The General Meeting “shall be considered validly constituted, on the first call, provided that at least shares corresponding to 1/3 of the company’s share capital are present or represented.”
In another statement, the company notes that “as of the date of the announcement,” Impresa’s fully subscribed and paid-up share capital is 84,000,000 euros.”
This “is represented by 168,000,000 book-entry shares with a nominal value of 0.50 euros each,” it adds.
“As established in article 8, paragraph 1 of the company’s statutes that each share corresponds to one vote, the total number of voting rights is 168,000,000,” it states.
On November 26, Impresa announced the partnership with the Italian MFE – MediaForEurope, through which the latter will hold 32.934% of SIC’s owner, while the Balsemão family maintains control of the group with 33.738%.
“Together with the holding Impreger, Impresa’s majority shareholder, signed an investment agreement with MFE,” through which “the latter commits to subscribe to new shares of Impresa, to be issued in the capital increase, leading it to hold a 32.934% shareholder position in the group’s share capital,” stated SIC’s owner at the time.
