Brief: Vitruvio Real Estate Proposes Merger By Absorption Of Fidelges SL

Vitruvio Real Estate Socimi SA

03/01/2020 06:54

Jan 3 (Reuters) - Vitruvio Real Estate SOCIMI SA  YVIT.MC :
    * SAID ON THURSDAY IT HAD PROPOSED A MERGER BY ABSORPTION OF
FIDELGES SL
    * THE SHARE EXCHANGE RATIO WILL BE 2.85 SHARES OF VITRUVIO
OF 10
EUROS NOMINAL VALUE, FOR EACH SHARE OF FIDELGES OF 6.01 EUROS
NOMINAL VALUE 
    * TO CARRY OUT THE SHARE EXCHANGE VITRUVIO WILL INCREASE
SHARE
CAPITAL BY 6.8 MILLION EUROS BY ISSUING 678,760 SHARES WITH A
NOMINAL VALUE OF 10 EUROS EACH AND A SHARE PREMIUM OF 4.82
EUROS, FOR A TOTAL PREMIUM OF 3.3 MILLION EUROS 
    * AFTER THE MERGER VITRUVIO WILL MANAGE A REAL ESTATE ASSET
PORTFOLIO WITH GROSS VALUE OF 181 MILLION EUROS

    
 Source text: https://bit.ly/2ugNXY9
    
 Further company coverage:  YVIT.MC  
   


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