Gentlemen's Equity issues over 24 million new registered shares

10 Jun 2024 19:10 CEST

Gentlemen's Equity issues over 24 million new registered shares
Subscription period runs until 11 July 2024

Lisbon/Paris/Zurich - The listed investment holding company Gentlemen's Equity S.A., headquartered in Portugal (ISIN: PTGVE1AE0009), has resolved to increase its share capital by € 1,229,766.00 to € 5,000,000.00 at its Annual General Meeting in Lisbon. Until 11 July 2024, existing shareholders have pre-subscription rights to subscribe for 24,595,320 new registered shares at a price of € 0.10 (ten cents) (nominal value = € 0.05). http://www.gentlemensequity.com

Any remaining shares will then be offered to third parties at a price of EUR 0.10 within one year of the end of the last subscription period for existing shareholders. The Executive Board may reduce this period once the placement of the shares has been completed.

New shareholders and new shares will enjoy the same rights. Contributions may also be made in kind, but in the latter case a valuation report signed by a Portuguese auditor must be submitted and approved by the Board of Directors of Gentlemen's Equity SA. 

Further information can be found in the official publication in the Portuguese Trade Gazette. 

About Gentlemen's Equity S.A. 

Gentlemen's Equity SA is a multinational investment holding company based in Lisbon and listed on the Paris and ENX stock exchanges (ISIN: PTGVE1AE0009). The company invests in internationally active companies in the e-commerce, software, energy & environment, sports & entertainment and food industries. The investment focus is on companies that operate innovatively, sustainably and lucratively on the market or are on the verge of a promising market launch. http://www.gentlemensequity.com

Contact us 
Gentlemen's Equity S.A.
Av. da Liberdade N110 1269-046 Lisbon 
Tel. +351 213 404 620

Investor Relation
Miguel Rocha de Moura
E-mail: ir@gentlemensequity.com