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Cofinimmo — Capital/Financing Update 2015
Apr 23, 2015
3933_iss_2015-04-23_58f2592f-a344-45a7-8f8c-da983be1c9cb.pdf
Capital/Financing Update
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PRESS RELEASE
REGULATED INFORMATION Brussels, embargo until 23.04.2015, 05:40 PM CET
Adjustment to the rights of the holders of convertible bonds
Following the launch of the company's capital increase and the detachment of the coupons related to the preferential subscription right, the dividend 2014 and the pro rata dividend 2015, the rights of the holders of the convertible bonds issued by Cofinimmo in 2011 (ISIN code: BE0002176429) and in 2013 (ISIN code: BE6254178062) have been adjusted.
According to legal and contractual rules, new conversion rates are calculated on the basis of Cofinimmo's volume-weighted average share price on Euronext over the five trading days preceding the ex-date (i.e. 15.04.2015 to 21.04.2015).
Hence, as of 22.04.2015, the new conversion rates stand at:
- €114.284 for the convertible bonds issued in 2011; and
- €100.440 for the convertible bonds issued in 2013.
For more information:
Valerie Kibieta Ellen Grauls Head of External Communication and Investor Relations Manager Investor Relations Tel.: +32 2 373 94 21 Tel.: +32 2 373 60 36 [email protected] [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 €3.2 billion, representing a total area of 1,780,000m². Riding on demographic trends, its main investment segments are offices (41%), healthcare properties (40%), and distribution networks (17%). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo services its tenants and manages its properties through its 110-strong team operating from Brussels.
Cofinimmo is listed on Euronext Brussels (BEL20) 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 31.12.2014, its total market capitalisation stands at €1.7 billion. The company applies investment policies which seek to offer a high dividend yield and capital protection over the long term, and aim both institutional and private investors.