Real Betis Balompié: agreement with CaixaBank to encourage a capital increase by socios

Real Betis Balompié (LALIGA EA Sports) and its partner CaixaBank (a Spanish bank) have reached an agreement to facilitate the participation of socios (shareholding members) in the club's capital increase, announced the two entities on 05/12/2023.

As part of this agreement, the club's supporters, whether or not they are customers of the bank, will be able to access a loan of up to €3,000 on preferential terms for the purchase of shares (with a repayment period of up to 24 months). Real Betis shareholders approved a capital increase of €42.9m through the issue of 117,500 new shares at a unit price of €365.44 at an extraordinary general meeting held on 26/08/2023.

"The primary objective is to encourage the acquisition of the new shares by small shareholders and supporters, by atomising the club's shares so that they reach as many people as possible," explained Real Betis.

The capital increase will begin "in the coming weeks, but supporters can now find out about this financing from the bank's branches," added the Andalusian club.