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Cofinimmo — Regulatory Filings 2014
Oct 22, 2014
3933_iss_2014-10-22_9005ffe5-4361-4467-8745-dec12c14e29b.pdf
Regulatory Filings
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REGULATED INFORMATION
Brussels, embargo until 22.10.2014, 05:40 PM CET
COFINIMMO BECOMES A PUBLIC REGULATED REAL ESTATE COMPANY (RREC)1
The Extraordinary General Meeting held today approved with a 99.8% majority the amendments to the Articles of Association of Cofinimmo in view of a change from the public SICAFI immobilière/VastgoedBEVAK2 regime to the public RREC (Regulated Real Estate Company) regime3 .
Cofinimmo is pleased to benefit from this new regime which will allow it to pursue its operational activities as a real estate company efficiently, working in the interest of all its stakeholders. It thanks its shareholders for their support in this regime change process.
The exit right was exercised for 9,489 ordinary shares, i.e. 0.05% of the total number of currently outstanding shares, for a total amount of €892,155.78. The repurchase of these shares by Cofinimmo and the payment to the shareholders who exercised their exit right will occur on 22.11.2014 at the latest. The status change will be effective as from that moment.
For more information:
Valerie Kibieta Ellen Grauls Head of External Communication and Investor Relations Officer Investor Relations Tel.: +32 2 373 94 21 Tel.: +32 2 373 60 36 [email protected] [email protected]
1 Société Immobilière Réglementée (SIR) / Gereglementeerde VastgoedVennootschap (GVV).
2 Société d'Investissement à Capital Fixe en Immobilier / VastgoedBeleggingsvennootschap met Vast Kapitaal.
3 For more information on the differences between both regimes and the reasons for which Cofinimmo applied for amendments to its Articles of Association, see our press release dated 29.08.2014, available on our website.
PRESS RELEASE
REGULATED INFORMATION
Brussels, embargo until 22.10.2014, 05:40 PM CET
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 and the Netherlands, worth over €3.1 billion, representing a total area of 1,755,00m². Riding on demographic trends, its main investment segments are offices (42%), 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 (Sicafi/Bevak), in France (SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority, the Belgian regulator.
At 30.06.2014, its total market capitalisation stands at €1.5 billion. The company applies prudent investment policies and presents a moderate risk profile for institutional and retail investors alike. It seeks to offer a high dividend yield and capital protection over the long term.