INCREASE OF SHARE CAPITAL

INCREASE OF SHARE CAPITAL

INCREASE OF THE SHARE CAPITAL

The General Meeting of QUADPACK INDUSTRIES, S.A. dated 21 July 2016 agreed an increase of share capital of 72,500 ordinary shares. The new shares were suscribed by one of the shareholders: EUROPEAN OUTSOURCING GROUP, S.L. The disbursement has been made providing shares of one Company ( QUADPACK MANUFACTURING DIVISION, S.L.)

In compliance with the provisions of the Implementing Regulation (EU) 2016/523 of the Commission on 10 March 2016 with respect to the transactions by Managers and Directors with the Company, it is necessary to inform that the shareholder EUROPEAN OUTSOURCING GROUP, S.L. is owned by one Director (Mr. Sahonet).

The total value and volume of the transaction was an increase of share capital of 564,000 Euros, Share Premium included.

Source: Actusnews