May 30, 2012 / 6:38 AM / in 5 years

GTC prices rights issue at 4.45 zlotys per share

WARSAW, May 30 (Reuters) - Warsaw-listed real estate firm Globe Trade Centre set the share price in its rights issue at 4.45 zlotys, valuing the deal at 445 million zlotys ($128 million), the company said on Wednesday.

GTC shareholders approved the issue of up to 100 million shares, which would increase GTC’s capital by nearly a half, last month aiming to cut debt. ($1 = 3.4686 zlotys) (Reporting by Adrian Krajewski; Editing by Dan Lalor)

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