Brief: Arima Announces Joint Merger Plan with JSS Real Estate

JSS Real Estate SOCIMI SA

15/09/2025 07:03

Sept 15 (Reuters) - Arima Real Estate SOCIMI SA ARM.MC:

ANNOUNCED ON FRIDAY JOINT MERGER PLAN WITH JSS REAL ESTATE SOCIMI TO BE CARRIED OUT BY MEANS OF A REVERSE MERGER

MERGER BY ABSORPTION OF JSS REAL ESTATE SOCIMI, HOLDING A 99.73% STAKE IN ARIMA, BY ARIMA WILL RESULT IN EXTINCTION OF JSS SOCIMI

JSS SOCIMI TO BE DISSOLVED WITHOUT LIQUIDATION AND TO TRANSFER ALL ASSETS AND LIABILITIES TO ARIMA

SHAREHOLDERS OF JSS SOCIMI TO BE INTEGRATED INTO SHARE CAPITAL OF ARIMA

JSS SOCIMI SHAREHOLDERS TO RECEIVE 9 ARIMA SHARES WITH VALUE OF 10 EUROS PER SHARE FOR EVERY 7 JSS SOCIMI SHARES WITH VALUE OF 1 EURO PER SHARE

IN ORDER TO HANDLE EXCHANGE, ARIMA WILL CARRY OUT CAPITAL INCREASE THROUGH NEW SHARES WITH ISSUE PRICE OF 10.10 EUROS

MERGER WILL CREATE A SINGLE LISTED COMPANY WITH POTENTIALLY MORE EFFECTIVE ACCESS TO CAPITAL MARKETS

 Source text: nCNM9Hpk9d
 Further company coverage: ARM.MC

 (Gdansk Newsroom)

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