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REN — Renta Corporacion Real Estate SA News Story

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Brief: Renta Corp To Sell To Aware Vivenio Shares Representing 1.45% Of Share Capital

July 1 (Reuters) - Renta Corporacion Real Estate SA
 REN.MC :
    * SAID ON WEDNESDAY VIVENIO, COMPANY OF WHICH RENTA CORP IS
MINORITY SHAREHOLDER, INFORMED THAT AUSTRALIAN FUND AWARE SUPER
PTY LTD ENTERED INTO SHARE PURCHASE AGREEMENT WITH PYLADES
INVESTMENTS HOLDING B.V. ("APG") TO BUY PART OF ITS VIVENIO
SHARES
    * SAYS APG, AWARE AND VIVENIO HAVE ENTERED INTO INVESTMENT
AGREEMENT UNDER WHICH APG AND AWARE COMMIT TO INVEST UP TO 400
MILLION EUROS (200 MILLION EUROS EACH) IN VIVENIO OVER NEXT
THREE YEARS
    * UPON COMPLETION OF TRANSACTION, APG AND AWARE WILL HOLD
EXACTLY
THE SAME NUMBER OF SHARES IN VIVENIO, REPRESENTING 49.18% OF
SHARE CAPITAL
    * IN CONTEXT OF THIS TRANSACTION, RENTA CORP AND AWARE HAVE
SIGNED
SHARE PURCHASE AGREEMENT UNDER WHICH RENTA CORP COMMITS TO
TRANSFER TO AWARE 9.0 MILLION VIVENIO SHARES REPRESENTING 1.45%
OF ITS SHARE CAPITAL
    * SHARES TO BE TRANSFERRED BY RENTA CORP REPRESENT 50% OF
TOTAL
NUMBER OF VIVENIO SHARES HELD BY RENTA CORP
    * SAYS TRANSFERS OF VIVENIO SHARES HAVE BEEN AGREED AT
1.4139
EUROS PER SHARE AND WILL BE COMPLETED IN COMING WEEKS


    
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM9RSDYg
    
 Further company coverage:  REN.MC  
   


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