Leasinvest Real Estate SCA:
- Regulated press release
Results of the public offering for the subscription to a maximum of 926,038 new shares for a maximum amount of 60,655,489 EUR within the framework of a capital increase in cash within the authorized capital and with exercise of preferential subscription rights
Result of the public offering for the subscription with preferential subscription rights
During the subscription period with preferential subscription rights that ran from 5 June 2013 till 19 June 2013 included, 3,671,655 preferential subscription rights were exercised. This resulted in a subscription to 847,305 new shares, taking into account the subscription ratio of 3 new shares for 13 preferential subscription rights. All of these subscriptions represent a take-up of approximately 91.5% of the total offer of 60,655,489 EUR.
Result of the scrip private placement and the offer
The 341,177 preferential subscription rights that were not exercised at the end of the subscription period with preferential subscription rights have been offered for sale on 20 June 2013 to institutional investors from Belgium and the European Economic Area in the form of scrips via an accelerated private placement at the price of 0.05 EUR per scrip. The acquirers of these scrips have subscribed to all remaining new shares, at a price of 65.5 EUR per new share (applying the same ratio of 3 new shares for 13 scrips as the ratio applied to the subscription with preferential subscription rights).
Consequently, all shares offered within the framework of the capital increase are committed to be subscribed to. The result of the public offering of new shares amounts to 60,655,489 EUR in total.
Payment, delivery and listing of new shares
The payment and the delivery of the new shares will take place on 25 June 2013 and the listing of the new shares on the regulated market NYSE Euronext Brussels is expected to take place on 25 June 2013. The net proceeds (after deduction of certain costs) resulting from the sale of the scrips amount to 0.05 EUR per coupon no 15. As of 25 June 2013 this amount will be paid to the holders of unexercised preferential subscription rights. The holders of unexercised rights linked to registered shares will be given directions by Leasinvest Real Estate that must be observed to obtain the net proceeds. The holders of unexercised preferential subscription rights linked to dematerialised shares will be informed by their financial institution of the procedure that must be observed to obtain the net proceeds they are entitled to. The holders of unexercised rights linked to bearer shares will receive the amount upon presentation of coupon no 15.
| Shareholder structure before the capital increase | Shareholder structure after the capital increase | |||
| Ackermans & van Haaren SA | 1,204,306 | 30.01% | 1,481,959 | 30.01% |
| AXA Belgium SA | 1,163,407 | 29.0% | 1,431,883 | 29.0% |
| Free Float | 1,645,119 | 40.99% | 2,025,028 | 40.99% |
| Total | 4,012,832 | 100% | 4,938,870 | 100% |
Leasinvest Real Estate wishes to thank all its existing and new shareholders for this result and their trust in the Company.
Availability of the prospectus
The transaction note, the registration document and the summary, jointly form the prospectus for the public offering to the subscription of new shares. The transaction note is available in Dutch and in French. The registration document and the summary are available in Dutch, in French and in English. Copies of the prospectus are available, for free, to investors since 4 June 2013 at the registered office of Leasinvest Real Estate (Bld. de la Woluwe 2, 1150 Woluwe-Saint-Pierre) and at the registered office of the statutory manager of Leasinvest Real Estate (Schermersstraat 42, 2000 Antwerp). The prospectus is also made available, for free, to investors at BNP Paribas Fortis, upon request, by calling the number +32 (0)2 433 40 31 (NL), or the number +32 (0)2 433 40 32 (FR), or the number +32 (0)2 433 40 34 (ENG), at ING Belgium, upon request, by calling the number +32 (0)2 464 60 01 (NL), or the number +32 (0)2 464 60 02 (FR) or the number +32 (0)2 464 60 04 (ENG) and at Belfius Bank, upon request, by calling the number +32 (0)2 222 12 02 (NL) or the number +32 (0)2 222 12 01 (FR). The prospectus can since 4 June 2013 also be consulted on the websites of BNP Paribas Fortis (www.bnpparibasfortis.be/sparenenbeleggen; www.bnpparibasfortis.be/epargneretplacer), ING Belgium (www.ing.be/nl/retail/investments/shares-and-bonds/Pages/shares.aspx) and Belfius Bank (www.belfius.be) and on the website of Leasinvest Real Estate (www.leasinvest.be).
Responsibility
Leasinvest Real Estate SCA, represented by its statutory manager, accepts responsibility for the content of this notification.
For more information, contact:
Leasinvest Real Estate
Jean-Louis Appelmans
CEO
T: +32 3 238 98 77
E: jeanlouis.appelmans@leasinvest.be
Leasinvest Real Estate SCA
Real estate investment trust (sicafi/vastgoedbevak) Leasinvest Real Estate SCA mainly invests in high quality and well-located offices, retail and logistics buildings in Belgium and the Grand Duchy of Luxembourg. At present, the real estate portfolio of Leasinvest Real Estate comprises 53 buildings, of which 37 are located in Belgium and 16 in the Grand Duchy of Luxemburg, with a total value of the real estate of approximately € 600 million.
The sicafi is listed on Euronext Brussels and has a market capitalization of € 271 million (value 19 June 2013).
