Cyprus' ITTL proceeds with listing procedures - Financial Mirror

Cyprus’ ITTL proceeds with listing procedures

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ITTL Trade Tourist & Leisure Park Plc announced that the CySEC has given its approval of Supplementary Prospectus of the Company which concerns the Prospectus dated March 31, 2009 for the issue of up to 17.500.000 new shares at the sale price of EUR0.75 per share and the issue and allocation of up to 23.500.000 warrants (2009/2013). The warrants will be allocated gratis to the shareholders registered on the date of issue of new shares, following the finalization of the Public Offer to the ratio of 1 warrant for every 5 shares held. The exercise price stands at EUR1.25 per warrant while the exercise period has been set at November 1 – 30, 2013.