Grand Citiy Properties completes a €198 million share capital increase

Following an accelerated book building process on 20 June 2017, Grand City Property S.A. will increase the company's total share capital from €15,378,888.30 by €1,100,000.00 to €16,478,888.30 through the issue of 11,000,000 shares. The offer price per new share was fixed at €18. The new shares were successfully placed by…