OL) announced on Tuesday that its 7,500,000 newly issued shares
of its common stock was settled on 13 June 2016.
based in Valencia, has completed a private placement of 1 million newly issued shares
of its common stock, resulting in $12.
6%, of all issued shares
by next June under a treasury stock system introduced by the government the same day.
The newly issued shares
were subject to the terms of the buy-sell agreement; when one of the shareholders left, his shares were purchased under the mandatory clause in the agreement.
Further, it said that these will rank pari passu with its existing issued shares
and trading will begin on 21 May 2010.