Major Shareholding Notification • Feb 27, 2018
Major Shareholding Notification
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Paris, February 27, 2018
Gecina has been notified Ivanhoé Cambridge's sale of part of its interest in the Group's equity through a placement with several investors using an accelerated book-building process.
This placement concerned 3.2 million Gecina shares, representing 4.28% of its equity. Ivanhoé Cambridge's remaining interest therefore represents 15.4% of the capital.
As a result, this transaction is expected to increase the float, enabling more liquidity and wider access to the share for investors.
Gecina owns, manages and develops property holdings worth 19.6 billion euros at end 2017, with nearly 93% located in the Paris Region. The Group is building its business around France's leading office portfolio and a diversification division with residential assets and student residences. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers' expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.
Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo indices. In line with its community commitments, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability. www.gecina.fr
Samuel Henry-Diesbach Tel: +33 (0)1 40 40 52 22 [email protected] Virginie Sterling Tel: +33 (0)1 40 40 62 48 [email protected]
Julien Landfried Tel: +33 (0)1 40 40 65 74 [email protected] Armelle Miclo Tel: +33 (0)1 40 40 51 98 [email protected]
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