Tomorrow begins the first stage of the issuance of Corficolombiana shares



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It will continue until August 22nd.

Andrés Venegas Loaiza – [email protected]

The financial corporation Corficolombiana, announced the conditions for the issuance of shares announced a few weeks after the approval of the financial superintendency July 26th. The first of three stages of the process will begin on July 31 and end on August 22.

The subscription price of each of its common shares will be $ 24,000, while the price of each of its common shares will be $ 24,000. The preferred shares will be $ 20,000. The entity authorized the issuance of a total of 40 million common shares and just over 2.5 million preferred shares, without voting rights.

The subscription period of preferential rights will be up to the day August 20 and the badignment of rights may be made until August 13.
All resources obtained in this issue will be intended to carry out operations and companies "legally authorized to financial companies" as stated by the company, including the realization of investments and reduction of its commitments.

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