Compagnie Immobiliere De Belgique SA logo

IMMO - Compagnie Immobiliere De Belgique SA News Story

€72.2 0.8  1.1%

Last Trade - 10:28am

Sector
Financials
Size
Mid Cap
Market Cap £584.3m
Enterprise Value £1.10bn
Revenue £319.9m
Position in Universe 297th / 841

BRIEF-Immobel Launches Sale Of Around 262,000 Treasury Shares In Private Placement

Tue 5th January, 2021 7:45am
Jan 5 (Reuters) - COMPAGNIE IMMOBILIERE DE BELGIQUE SA
 IMMO.BR :
    * LAUNCHES THE SALE OF APPROXIMATELY 262,000 TREASURY SHARES
IN A
PRIVATE PLACEMENT
    * RESULTS OF PRIVATE PLACEMENT WILL BE ANNOUNCED SHORTLY
AFTER
BOOKBUILDING PROCESS, AND SETTLEMENT IS EXPECTED TO TAKE PLACE
TWO BUSINESS DAYS AFTER ANNOUNCEMENT OF RESULTS OF PRIVATE
PLACEMENT
    * FOLLOWING SUCCESSFUL PRIVATE PLACEMENT, NUMBER OF TREASURY
SHARES WILL BE REDUCED TO 30,348 TREASURY SHARES, CORRESPONDING
TO C. 0.3% OF IMMOBEL'S CURRENT OUTSTANDING SHARE CAPITAL
    * THROUGH  PRIVATE PLACEMENT, IMMOBEL INTENDS TO RAISE
ADDITIONAL
FUNDS TO FINANCE ADDITIONAL PROJECTS ALREADY IDENTIFIED IN
BELGIUM, GERMANY, FRANCE AND LUXEMBOURG
    * COMPANY HAS AGREED TO A LOCK-UP OF 90 DAYS FOLLOWING
TRANSACTION, SUBJECT TO CUSTOMARY EXCEPTIONS
    * BERENBERG AND KBC SECURITIES ARE ACTING AS JOINT
BOOKRUNNERS IN
PRIVATE PLACEMENT

Source text for Eikon:  ID:nNDL4PJH1r 
Further company coverage:  IMMO.BR 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.