06.05.2015 07:30:00
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Solocal Group Announces the Finalisation of Its Capital Increase Reserved for Its Employees
Regulatory News:
Solocal Group (Paris:LOCAL) announced today that it has finalised a capital increase reserved for its employees.
This transaction resulted in the subscription of 4,569,773 new shares, as such bringing the capital to 233,259,388.60 euros, divided into 1,166,296,943 shares with a nominal value of 0.20 euro each.
About Solocal Group
Solocal Group, the European market leader in local online communication, provides digital content, advertising solutions and transactional services that simply connect people with local businesses. The Group employs some 4,800 people (including nearly 2,300 local communication advisors) in France, Spain, Austria and the United Kingdom and supports the online development of SMB and major client accounts, mainly through its four flagship brands: PagesJaunes, Mappy, ComprendreChoisir and A Vendre A Louer. Over the years, Solocal Group has earned the trust of some 550,000 Internet clients. In 2014, Solocal Group generated revenues of 936 million euros, of which Internet business accounted for 68%, making it a European market leader in terms of online advertising revenues. Solocal Group is listed on Euronext Paris (LOCAL). More information may be obtained at www.solocalgroup.com.
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