Brief: Intervest Offices & Warehouses Announces Capital Increase Via ABB

Intervest Offices & Warehouses NV

30/11/2022 13:41

Nov 30 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV
 PRIF.BR :
    * INTERVEST OFFICES & WAREHOUSES NV: ANNOUNCES CAPITAL
INCREASE
VIA ACCELERATED BOOKBUILDING
    * INTERVEST OFFICES & WAREHOUSES NV ("INTERVEST" OR THE
"COMPANY")
ANNOUNCES THE LAUNCH OF A CAPITAL INCREASE OF UP TO 2.657.733
NEW SHARES THROUGH AN ACCELERATED PRIVATE PLACEMENT
    * NEW SHARES WILL BE ENTITLED TO PROFITS AS FROM 1 JANUARY
2022
AND THUS TO AN EXPECTED GROSS DIVIDEND OF € 1,53 (COUPON NO. 26)
FOR THE FINANCIAL YEAR 2022, PAYABLE IN MAY 2023
    * THE PROCEEDS OF THE OFFERING WILL BE USED TO (I) FUND THE
CURRENT ACQUISITION AND INVESTMENT PIPELINE AND THE FURTHER
REALISATION OF THE DEVELOPMENT POTENTIAL
    * PROCEEDS OF THE OFFERING WILL BE USED TO (II) FURTHER
FOCUS ON
ENERGY AND OTHER SUSTAINABILITY INVESTMENTS
    * CONFIRMS THE OUTLOOK FORMULATED AT THE PUBLICATION OF THE
Q3
2022 RESULTS
    * PROCEEDS OF THE OFFERING WILL BE USED TO (III) REDUCE THE
DEBT
RATIO AND FURTHER STRENGTHEN THE BALANCE SHEET IN TIMES OF HIGH
MARKET VOLATILITY, DETERIORATING MACRO‐ECONOMIC OUTLOOK AND
HIGHER INTEREST RATES
    * PROCEEDS OF THE OFFERING WILL BE USED TO (IV) TO FURTHER
INCREASE THE LIQUIDITY POSITION AND ENABLE THE COMPANY TO
QUICKLY RESPOND TO INVESTMENT OPPORTUNITIES
    * OFFERING WILL TAKE PLACE BY MEANS OF AN EXEMPT PRIVATE
PLACEMENT
OF NEW SHARES THROUGH AN ABB OUTSIDE THE UNITED STATES OF
AMERICA

Source text for Eikon:  ID:nGNE38P0ds 
Further company coverage:  PRIF.BR 
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