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Brack Capital Completes Capital Reduction And Plans Distribution

29th Mar 2016 17:16

LONDON (Alliance News) - Brack Capital Real Estate Investments NV said Tuesday the nominal value of shares had been reduced to EUR0.01 from EUR0.04, and it will distribute EUR4.8 million to shareholders on Monday.

Brack Capital said the capital reduction was effective from Tuesday and, consequently, it will pay shareholders EUR0.03 per share on or around next Monday.

Shares in Brack Capital were untraded on Tuesday, having last traded at EUR0.970.

By Hannah Boland; [email protected]; @Hannaheboland

Copyright 2016 Alliance News Limited. All Rights Reserved.


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