29 Aug, Luxembourg EGM approved CPI Property Group's capital decrease from €861.95m to €86.19m via par value reduction of shares.
CPI Property Group held its EGM in Luxembourg on 29 Aug, with 94.56% voting rights represented. The EGM approved a capital decrease from €861.95m to €86.19m, via a par value reduction of shares from €0.10 to €0.01 each. The move aims for future group simplification measures, with reduction proceeds allocated to a reserve and modifications made to the company's articles of association. All resolutions were adopted with full votes.
August 29, 2024
317 Articles