Hubwoo Announces Oversubscribed Success with its Capital Increase

March 26, 2012

Hubwoo (Euronext: HBW.NX), a leading global provider of Cloud Procurement solutions powered by SAP® software, today announced the results of its capital increase with rights.

Hubwoo offered 22,831,112 new shares. Total demand was 31,457,584 new shares, of which 18,567,882 new shares were based on rights exercise, and 12,889,702 new shares based on « reductible demand »

Read the press release.

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