Brief: Proximus Headquarters Nine-Month Call Option With Immobel Expires
22/08/2024 16:36
Aug 22 (Reuters) - Proximus NV PROX.BR :
* PROXIMUS WILL ACTIVATE ALTERNATIVE SCENARIOS FOR ITS
HEADQUARTERS AS IMMOBEL HAS NOT EXERCISED CALL OPTION TO ACQUIRE
AND REDEVELOP PROXIMUS TOWERS
* AS THE AGREED NINE-MONTH PERIOD HAS EXPIRED WITHOUT
IMMOBEL
EXERCISING THE CALL OPTION, PROXIMUS WILL NOT RECEIVE THE
REMAINING PROCEEDS OF EUR 113 MILLION IN 2024
* MAINTAINS FULL OWNERSHIP OF HEADQUARTER BUILDING
* WILL START TO DISCUSS WITH INTERESTED PARTIES
Source text for Workspace: ID:nNDL7gxS6D
Further company coverage: PROX.BR
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