Brief: Merlin Properties To Carry Out Capital Increase Of Up To 94 Mln Shares

MERLIN Properties SOCIMI

23/07/2024 17:08

July 23 (Reuters) - MERLIN Properties SOCIMI SA
 MRL.MC :
    * ANNOUNCES CAPITAL INCREASE
    * CAPITAL INCREASE WILL BE CARRIED OUT THROUGH AN
ACCELERATED
BOOKBUILD OFFER EXCLUSIVELY TO QUALIFIED INVESTORS
    * APPROVES TO CARRY OUT SHARE CAPITAL INCREASE OF UP TO 94.0
MLN
NEW ORDINARY SHARES, REPRESENTING ABOUT 20% OF ITS SHARE CAPITAL
    * NET PROCEEDS TO BE USED FOR DEVELOPMENT AND EXPANSION OF
MERLIN'S DATA CENTER BUSINESS LINE AND OTHER GENERAL CORPORATE
PURPOSES
    * SHARE CAPITAL INCREASE TO BE CARRIED OUT AGAINST CASH
CONTRIBUTIONS AND EXCLUDING PRE-EMPTIVE SUBSCRIPTION RIGHTS
    * NEW SHARES TO BE ADMITTED TO TRADING ON  BARCELONA,
BILBAO,
MADRID AND VALENCIA STOCK EXCHANGES ON 24 JULY 2024
    * MERLIN, BANCO SANTANDER, NORTIA AND EXECUTIVE DIRECTORS TO
ASSUME LOCK-UP COMMITMENT OF 90 DAYS FROM DATE OF EXECUTION AND
CLOSING OF CAPITAL INCREASE
    * BANCO SANTANDER AND NORTIA CAPITAL INVESTMENT HOLDING HAVE
UNDERTAKEN TO SUBSCRIBE FOR NEW SHARES

Source text for Eikon:  ID:nCNM48LGVy 
Further company coverage:  MRL.MC 

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