Brief: Retail Estates: ‍Capital Increase Through Contribution In Kind Of 5 Retail Buildings

Retail Estates NV

30/03/2018 06:36

March 30 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * ‍CAPITAL INCREASE THROUGH CONTRIBUTION IN KIND OF 5 RETAIL
BUILDINGS​
    * ‍FOUR RETAIL BUILDINGS LOCATED IN A RETAIL PARK IN
LIBRAMONT
WERE BROUGHT IN FOR A CONTRIBUTION VALUE OF EUR 5.46 MILLION​
    * ‍23,076 NEW REGISTERED SHARES WERE ISSUED AT AN ISSUE
PRICE OF
EUR 65​
    * RETAIL BUILDING LOCATED IN HERSTAL (LIEGE) WAS BROUGHT IN
FOR
CONTRIBUTION VALUE OF EUR 1.5 MILLION
    * ‍ONE RETAIL BUILDING IN HERSTAL (LIEGE) WAS BROUGHT IN FOR
A
CONTRIBUTION VALUE OF EUR 1.5 MILLION​
    * ON HERSTAL BUILDING: 23,076 NEW REGISTERED SHARES WERE
ISSUED AT
ISSUE PRICE OF EUR 65
    * ‍NEW SHARES ARE BEING ISSUED WITH COUPON 25 ATTACHED,
REPRESENTING DIVIDEND RIGHT FOR CURRENT FY
    * APPOINTED CONSORTIUM OF BANKS KBC SECURITIES, BELFIUS
BANK, ING
AND KEMPEN TO ASSIST IT IN POSSIBLE ADDITIONAL CAPITAL INCREASE
    * EXPECTS TO OBTAIN A DUAL LISTING ON EURONEXT AMSTERDAM IN
THE
SHORT TERM
    * SHARES REPRESENT CAPITAL INCREASE OF EUR 0.5 MILLION AND
ISSUE
PREMIUM FOR BALANCE OF EUR 1.0 MILLION​
    * ADMISSION TO TRADING ON EURONEXT AMSTERDAM HAS BEEN
APPLIED FOR
    * ‍NEW SHARES PARTICIPATE IN PROFIT OF CURRENT FY FROM 1
APRIL,
2017 TO 31 MARCH, 2018​

Source text for Eikon:  ID:nNDL8vCws3 
Further company coverage:  RETE.BR 

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