Brief: Merlin Informs On Pricing Of Accelerated Placement Of New Shares

MERLIN Properties SOCIMI

24/07/2024 05:42

July 24 (Reuters) - Merlin Properties  MRL.MC : 
    * SAID ON WEDNESDAY IT HAD SET FINAL TERMS AND CONDITIONS OF
SHARE
CAPITAL INCREASE
    * NUMBER OF NEW SHARES TO BE ISSUED: 94.0 MLN NEWLY ISSUED
SHARES
    * NOMINAL AMOUNT OF CAPITAL INCREASE: 94.0 MLN EUROS
    * EFFECTIVE AMOUNT OF CAPITAL INCREASE: 920.8 MLN EUROS
    * ISSUE PRICE: 9.80 EUROS PER SHARE, OF WHICH 1.00 EUROS
CORRESPOND TO NOMINAL AMOUNT AND 8.80 EUROS TO SHARE PREMIUM
    * THIS ISSUE PRICE REPRESENTS A DISCOUNT OF 4.67% COMPARED
TO
TUESDAY'S TRADING CLOSING PRICE OF MERLIN'S SHARES, THAT IS,
10.28 EUROS
    * PERCENTAGE OF MERLIN'S SHARE CAPITAL REPRESENTED BY SHARE
CAPITAL INCREASE: ABOUT 20.00% PRIOR TO SHARE CAPITAL INCREASE
AND ABOUT 16.67% FOLLOWING SHARE CAPITAL INCREASE
    * BANCO SANTANDER AND NORTIA HAVE SUBSCRIBED FOR 23.1 MLN
AND 7.7
MLN NEW SHARES IN THE SHARE CAPITAL INCREASE, RESPECTIVELY
    * ISMAEL CLEMENTE ORREGO AND MIGUEL OLLERO BARRERA HAVE
SUBSCRIBED
FOR 131,893 AND 124,392 NEW SHARES IN SHARE CAPITAL INCREASE,
RESPECTIVELY

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