Nepi Rockcastle to proceed with capitalisation issue as it holds on to dividend
The group is battling with the fallout from Covid-19, and is seeking to reward shareholders, while not putting stress on its balance sheet
21 August 2020 - 09:22
Nepi Rockcastle, which owns malls in nine countries in Central and Eastern Europe, will pursue a capitalisation issue amid the fallout from the Covid-19 pandemic.
The group will be issuing 4.292 ordinary shares for every 100 ordinary shares held, so as to reward shareholders, while still protecting the group’s balance sheet...
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