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Broadband

Gowex launches EUR 30 mln capital increase

Wednesday 14 November 2012 | 10:55 CET | News
Spanish wireless internet services provider Gowex has launched has launched a capital increase proposal and the application for entry into the US market through an ADR program. Via this capital increase, Gowex aims to extend its projects to 300 cities in the world from the current 60 cities. The unitary subscription price of new shares will be EUR 11.60 per title. The breakdown of the operation will be done by an uptake of EUR 25 million as principal objective foreseeing a stretch of just over EUR 5 million in order to satisfy a possible oversubscription of shares.

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Categories: Internet
Companies: Gowex
Countries: Spain / World
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