Cellnex shareholders agree to cover 32% of EUR 7 bln capital hike

Monday 12 April 2021 | 08:52 CET | News
Spanish operator Cellnex Telecom said existing shareholders and directors have fulfilled their commitment and agreed to subscribe to around 32 percent of the new shares issued by the company as part of a a EUR 7 billion capital increase. In a filing at Spain's securities market regulator CNMV, Cellnex said it had previously secured commitments from current shareholders to acquire around 27 percent of the 192,619,055 ordinary shares issued at EUR 36.33 per share, with Canada'a Pension Plan Investment Board also agreeing to subscribe to shares representing around 5.17 percent of the capital

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cellnex
Countries: Europe / Spain
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Cellnex revenues up 41% in Q1, net loss widens to EUR 43 mln

Published 07 May 2021 09:14 CET | Europe
Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues up 41 percent year on year to EUR 506 ...

Cellnex heeft via aandeelhouders 32% binnen van EUR 7 miljard kapitaalinjectie

Published 12 Apr 2021 09:50 CET | Europe
De Spaanse operator Cellnex Telecom zei dat bestaande aandeelhouders en bestuurders hun belofte zijn nagekomen en zijn ...

Cellnex closes acquisition of 7,000 Play sites in Poland

Published 01 Apr 2021 10:00 CET | Poland
Spanish operator Cellnex Telecom said it has closed the acquisition of Polish operator P4's tower infrastructure from Play ...

Cellnex launches EUR 7 bln capital hike to fund Hivory buy

Published 30 Mar 2021 09:47 CET | Spain
Spanish operator Cellnex Telecom said it has launched its previously announced EUR 7 billion capital increase to fund the ...

Singapore's GIC buys 2.5% Cellnex stake

Published 29 Mar 2021 11:13 CET | Spain
Singapore's sovereign fund GIC has agreed to acquire a 2.5 percent stake in Spanish operator Cellnex Telecom from the Edizione ...

Cellnex sets 2021-2025 sustainable development goals

Published 25 Mar 2021 10:00 CET | Spain
Spanish operator Cellnex Telecom said it has strengthened its commitment to the sustainable transition of its activity via the ...

Cellnex places further CHF 150 mln in bonds due 2026

Published 11 Mar 2021 09:38 CET | Spain
Spanish infrastructure operator Cellnex Telecom has announced a new bonds issue, this time placing a total of CHF 150 million to ...

Cellnex, Nokia and Quobis complete Soria digital divide project

Published 03 Mar 2021 15:56 CET | Spain
Spanish infrastructure operator Cellnex Telecom said it has completed a project to roll out advanced, neutral and shared mobile ...

Cellnex Poland appoints CEO

Published 03 Mar 2021 15:25 CET | Poland
Santiago Hesse Argelich has been appointed CEO of the company Cellnex Poland. Spain-based Cellnex recently concluded agreements ...

Polsat Group sells Polkomtel infrastructure to Cellnex for PLN 7 billion

Published 01 Mar 2021 14:59 CET | Poland
Poland's Polsat Group announced that it concluded a conditional sale agreement for a 99.99 percent stake in its company Polkomtel ...

Cellnex sales up 55% to EUR 1.6 bln in 2020, posts EUR 133 mln loss

Published 26 Feb 2021 10:36 CET | Spain
Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues up 55 percent year on year to EUR ...

Cellnex to buy SFR towers in France, to raise up to EUR 7 bln in new rights issue

Published 03 Feb 2021 17:16 CET | France
Infrastructure operator Cellnex Telecom has entered into an exclusivity agreement to acquire 100 percent of tower venture Hivory ...

Cellnex partners with Deutsche Telekom in the Netherlands and integrates 3,150 sites

Published 21 Jan 2021 09:03 CET | Netherlands
Spanish infrastructure operator Cellnex and Germany's Deutsche Telekom (DT) have announced an agreement to combine their tower ...