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BAMNB Royal BAM Group NV

4.18
0.104 (2.55%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Royal BAM Group NV EU:BAMNB Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.104 2.55% 4.18 4.14 4.20 4.182 3.98 4.046 1,079,280 16:40:00

Bam Intends To Raise EUR249 Million With Rights Issue

31/05/2010 8:21am

Dow Jones News


Royal BAM Group NV (EU:BAMNB)
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Dutch construction company Royal Bam Group (BAMNB.AE) intends to raise EUR249 million in a rights issue, announced in a press release Monday.

MAIN FACTS:

- ING, Rabobank and RBS are guaranteeing the issue which includes 96.6 million new ordinary shares at an issue price of EUR2.58 per share.

-BAM intends to use approximately EUR150 million of the net proceeds of the rights issue to finance interests in new and existing public/private partnership projects.

-The exercise period of the rights issue is from June 1, 2010 through to June 14, 2010.

- By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com

 
 

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