Macintosh Retail Group has managed to collect 19.5 million euro through the sale of 2.4 million shares worth 8 euro per share. Its CEO, CFO and COO have each bought 100,000 euro in shares.
Strengthen capital base
Through the additional shares, Macintosh Retail Group aims to strengthen its capital base and the new shares will get the same value as the current share price. Several major shareholders, like Delta Lloyd and Navitas, have guaranteed the minimum price of 8 euro. The company now has 26.8 million shares in total.
Kurt Staelens, founder of internet book store Proxis, will take charge of Macintosh Retail Group on 1 August as its new CEO, succeeding Frank de Moor who has left the company after 20 years of service. De Moor will become parking company Q-Park's new CEO.