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General

Albtelecom shareholders approve capital increase

Wednesday 5 July 2017 | 11:15 CET | News
The shareholders of Albanian operator Albtelecom approved a capital increase of ALL 3.25 billion. It will be divided into 3.25 million new shares, at a price equal to their nominal value of ALL 1,000 per share. Pre-emptive rights were approved for the existing shareholders in proportion to their participation in Albtelecom's capital, in two stages of bidding. The first phase will take place within 15 days and the second phase within three days of the close of the first phase.

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Categories: General
Companies: Albtelecom
Countries: Albania
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