Before the capital increase in which MyMIcroInvest Finance will participate at the end of the offer, the entrepreneurs of Europea Residences jointly hold 100% of the shares of the company.
Forecasted capital increase
The capital increase to which MyMicroInvest Finance will participate is part of a broader funding of Europea Residences considered between €100,000 - €200,000. This funding will be allocated as follows:
- €50,000 - €150,000 will be invested by business angels.
€50,000 - €99,900 will be invested by the crowd.
The value of the company before this increase in capital is presently estimated to be a maximum of €800,000 EUR. Following the increase in capital, the value of the company will be between €900,000 - €1,000,000, meaning an estimated valuation of €800,000 before increase of capital plus between €100,000 and €200,000 of new money brought in.
Before the capital increase, the 100 existing shares will be replaced so that there is 800,000 shares, €800,000 representing the value of the company before the capital increase, expressed in EUR. This does not affect the present and future allocation of shares.
This capital increase will therefore be done at a subscription price per share of 1 EUR.
The table below indicates the distribution of the shares of the company following this capital increase on the basis of the following assumptions:
- MyMicroInvest Finance will subscribe the maximum amount of €99,900;
- The other investors, including the entrepreneurs, will subscribe the minimum amount that is allotted them, i.e. €50,000.
The table below presents the percentages of the capital held by the Europea Residences account of MyMicroInvest Finance depending on the results of the Notes issue (€50,000 - €99,900) and the minimum and maximum amounts contributed by the other investors (€50,000 - €150,000 ).