Club news

THIRD PHASE IN THE CAPITAL INCREASE

26 Jul 2016
The club informed about the numbers of the first two phases to increase the club’s capital. Depor have collected a little more than a million Euros, the sixth part of the target.

Deportivo announced on Monday that it already sent the paperwork to the national register in order to settle the closure of the third phase for the capital increase. The club reported that it sold 10,855 shares during this phase, which allowed collecting €652,385.50

This operation was launched in November of 2014 with the target of collecting €6 million during 25 months and divided in five phases. With the first three phases closed the club already collected more than (€1.5 million. The club’s capital has now been raised to €9.4 million.

The third phase (from November 1st, 2015 to March 31st, 2016) was focused in the season ticket members that aren’t shareholders. In this phase the conditions were the same as the new shareholders weren’t able to buy more than 1,500 shares.

The final two phases are focused in persons and entities that aren’t currently related to Deportivo. In the fourth phase (from April 1st to August 31st, 2016) the club will try to get the support of the companies that currently don’t owe shares of the club, while in the fifth (from September 1st, 2016 to January 31st, 2017) the club will invite the general public.

ARCHIVE NEWS JULY/16

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