02/12/2016
Sareb invests in the capital of Quabit with a share of 7.7% by executing 193.5 million pledged shares of Martibalsa
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SAREB becomes the company’s second shareholder, immediately after Grupo Rayet and before KKR
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Martibalsa dilutes its share, from 11% to only 3.3%
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For Grupo Rayet, which definitively emerged from the arrangement with creditors last January, this credit policy is classified as ordinary. After applying the Agreement’s conditions, the capital payable is established in 1.4 million Euros
01/12/2016
Grupo Rayet, Quabit’s main shareholder, has definitively emerged from the arrangement with creditors
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Combining the arrangement and the unique agreement reached with the Tax Authorities, Grupo Rayet has achieved the deferral of its payment commitments.
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Currently, Grupo Rayet is up to date with its payment commitments with the Tax Authorities and must no longer appear in the forthcoming listed receivables.
12/21/2015
Quabit cancels debt for a total amount of 90 million Euros
12/04/2015
Quabit already reaches 71% of the 45-million Euros capital increase
As of today, Quabit Inmobiliaria has opened the Discretionary Period of the capital increase that has already reached a subscription of 71% of the increase’s maximum amount (45,000,000 Euros) and 91% of its minimum amount (35,000,000 Euros).
11/20/2015
Quabit’s Chairman obtains funding to participate in the capital increase with an amount of at least 2 million Euros
The preferential subscription period officially ends on November 29, where Friday November 27 will be the last business day.
New securities are issued at a discount, resulting in a final subscription price of 0.045 Euros.
With this increase, the company will strengthen its equity structure and raise funds to undertake investments foreseen in its Business Plan 2015-2020.
11/11/2015
Quabit launches its capital increase for an amount of 45 million Euros
The preferential subscription period begins on November 14 and will last until November 29.
New securities are issued at a discount, resulting in a final subscription price of 0.045 Euros.
With this increase, the company will strengthen its equity structure and raise funds to undertake investments foreseen in its Business Plan 2015–2020.
10/21/2015
Strategic plan 2015 - 2020
The two basic axes are the promotion and development of the asset portfolio, as well as the pursuit of new investments.
09/23/2015
QUABIT and SAREB formalize the debt restructuring agreement
This agreement allows Quabit to materialize the capital increase approved in the last General Shareholders’ Meeting.
06/29/2015
QUABIT and SAREB reach a debt restructuring agreement
This agreement allows Quabit to materialize the capital increase to be proposed to its shareholders in the upcoming General Shareholders’ Meeting.