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Cofinimmo — AGM Information 2017
Feb 1, 2017
3933_iss_2017-02-01_a95946e6-3cc6-4a7f-ba3a-d3071ed3fc39.pdf
AGM Information
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REGULATED INFORMATION Brussels, embargo until 01.02.2017, 05:40 PM CET
PRESS RELEASE
Minutes of the Extraordinary General Meeting of 01.02.2017
A first Extraordinary General Meeting was convened on 11.01.2017. Since the necessary quorum was not reached, a new Extraordinary General Meeting was convened today 01.02.2017, with the same agenda. The Meeting was able to deliberate validly and approved the main following topics:
1. New authorisation to the Board of Directors to increase the social capital
Proposal to replace the authorisation granted to the Board of Directors by the General Meeting of 06.01.2016 by a new authorisation for a period of five years as from the publication of the decision, to increase the subscribed social capital in accordance with Articles 603 and following of the Company Code, on one or more occasions, up to a maximum amount of
- a) One billion one hundred and twenty-seven million EUR (1,127,000,000 EUR) if the capital increase to achieve is a capital increase by cash subscription with the possibility for the shareholders of the Company to exercise a preferential subscription right;
- b) Two hundred and twenty-five million EUR (225,000,000 EUR) for all other forms of capital increases not covered under a) above
provided that in any case, the social capital can never be increased as part of the authorised capital in excess of one billion one hundred and twenty-seven million EUR (1,127,000,000 EUR) in total, for a five-year period as from the publication of the decision.
2. Revision of Article 6.2 of the Articles of Association
Proposal to amend Article 6.2 of the Articles of Association concerning the authorised capital.
3. Approval of the change of control clauses
Proposal to approve and, if necessary, to ratify the change of control clauses in all credit agreement or issuance of debt or equity instruments agreed by the Company between 11.05.2016 and the date of the Meeting, in accordance with Article 556 of the Company Code, and to instruct the Board of Directors to carry out the publication formalities laid down by the Article.
REGULATED INFORMATION Brussels, embargo until 01.02.2017, 05:40 PM CET
PRESS RELEASE
For more information:
Danielle Scherens Ellen Grauls
Tel.: +32 2 373 00 17 Investor Relations [email protected] Tel.: +32 2 373 94 21
Corporate Communication Officer Head of External Communication & [email protected]
About Cofinimmo:
Founded in 1983, Cofinimmo is today the foremost listed Belgian real estate company specialising in rental property and an important player in the European market.
The company owns a diversified property portfolio spread over Belgium, France, the Netherlands and Germany, worth over 3.3 billion EUR, representing a total surface area of nearly 1,800,000 m². Riding on demographic trends, its main investment segments are healthcare properties (44 %), offices (39 %) and distribution networks (16 %). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo services its tenants and manages its properties through its team of over 130 people, operating from Brussels.
Cofinimmo is listed on Euronext Brussels (BEL 20) and benefits from the fiscal REIT regime in Belgium (RREC), in France (SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority, the Belgian regulator.
At 31.12.2016, its total market capitalisation stands at 2.3 billion EUR. The company pursues investment policies which seek to offer a high dividend yield and capital protection over the long term, targeting both institutional and private investors.
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