I have an internal document which says:
"Section 159.1 of the Spanish company law allows companies to issue
new shares without giving current shareholders the right to buy enough
shares to maintain their percentage ownership in the company."
I have been asked to locate this section to double-check, because the
requestor thinks this is not accurate. I have searched but have had no
luck, and would appreciate any pointers that someone might offer. Of
course, I'd prefer English, but if someone can aim me at the Spanish
version, I'd take that as well.
Oh, and did I mention it's Friday the 13th.....??
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Aleta Benjamin, Legal Research Specialist
Capital Group Companies
333 S. Hope St. 33rd Floor
Los Angeles, CA 90071-1406
Phone: (213) 615-0409 Fax: (213) 615-0430
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