Eurofima EUROFIMA - Approved Capital Increase

RNS Number : 8466K

Eurofima

04 November 2024

 

The information contained within this announcement, prior to its public disclosure, is deemed to constitute inside information for the purposes of Article 7 of the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Press release

Basel, Switzerland

04 November 2024

EUROFIMA European Company for the Financing of Railroad Rolling Stock ("EUROFIMA")

Approved Capital Increase

About EUROFIMA

EUROFIMA is a supranational organisation located in Basel, Switzerland. It was established in 1956 based on an international treaty between 25 European sovereign states so far (each a "EUROFIMA Contracting State").

EUROFIMA fulfils a mission to support the development of public railway transportation in Europe. It supports the railways which are its railway shareholders as well as certain other railway bodies in renewing and modernising their equipment. EUROFIMA lends the proceeds of its borrowings and equity capital, where relevant, pursuant to loans entered into between EUROFIMA as lender and its railway shareholders as borrowers for the financing of the purchase by its railway shareholders of railway equipment.

Approved Capital Increase

On 19th June, 2024 EUROFIMA announced that it initiated the process to increase its share capital. At an Extraordinary General Meeting of EUROFIMA that was held on 13th June 2024, the General Assembly of EUROFIMA approved a resolution that its share capital shall be increased from CHF2,600,000,000.00 by CHF50,000,000.00 to CHF2,650,000,000.00 through the issuance of 500 Class B registered shares with a par value of CHF 100,000.00 each. Today the capital increase of EUROFIMA as announced on the 19th June, 2024 come into force.

The Board of Directors on 17th June 2024 determined that the capital increase was conducted in accordance with the applicable regulations. The amendment of the share capital in Article 5 of EUROFIMA's Statutes was reviewed by the 25 EUROFIMA Contracting States during a three-months period from 30th July, 2024 to 30th October, 2024. The Swiss Department of Foreign Affairs notified the EUROFIMA Contracting States that the review period had ended and that, as no objection was raised, the amended Statutes can come into force. Today the Commercial Register of Basel, Switzerland informed EUROFIMA that the amended Statutes are registered and thereby became effective.

Further information in relation to EUROFIMA is available at:

www.eurofima.org

For enquiries:

EUROFIMA European Company for the Financing of Railroad Rolling Stock

Christoph Pasternak, CEO

[e-mail]

Meret Oppenheim Platz 1C, 4053 Basel, Switzerland

Phone: [phone]

Fax: [phone]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

MSCFLFFFLDLSIIS