Brief: Aedifica Submits Conditional Exchange Offer For All Cofinimmo Securities With Voting Rights
02/05/2025 06:26
May 2 (Reuters) - Aedifica NV AOO.BR: SAID ON THURSDAY IT SUBMITTED PROPOSAL TO COFINIMMO FOR CONDITIONAL EXCHANGE OFFER FOR ALL ITS SECURITIES WITH VOTING RIGHTS PROPOSED EXCHANGE RATIO OF 1.16 NEW AEDIFICA SHARES PER COFINIMMO SHARE IMPLIED OFFER PRICE OF EUR 80.91 PER SHARE REPRESENTS PREMIUM OF 20.8% TO COFINIMMO'S UNDISTURBED SHARE PRICE OFFER SUBJECT TO MINIMUM ACCEPTANCE THRESHOLD OF 50%+1, CUSTOMARY CLOSING CONDITIONS PROPOSED EXCHANGE OFFER DOES NOT REQUIRE FINANCING, BUT AEDIFICA EGM WILL HAVE TO APPROVE SHARE ISSUANCE AEDIFICA HAS APPROACHED BOARD OF COFINIMMO IN 'COOPERATIVE SPIRIT' COFINIMMO BOARD HAS NOT YET BEEN ABLE TO FULLY ANALYZE PROPOSAL Source text: ID:nNDLWJtVm Further company coverage: AOO.BR COFB.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))