Leasinvest Real Estate SCA: notification of the publication of a notice in accordance with art 593 of the Company Code

relating to the public offering of new shares within the framework of a capital increase in cash with preferential subscription rights of approximately € 60 million

In the interim statement of the manager of Leasinvest Real Estate of last 14 May has been communicated under the section outlook that the company expects to further concretize its strategic reorientation in 2013 and to be able to realize a better net current result than in 2012, o/a taking into account the successful realization of the current negotiations for the acquisition of a number of new projects.
In this context the manager of Leasinvest Real Estate considers initiating a public offering of new shares in Leasinvest Real Estate by means of a capital increase within the framework of the authorized capital, in accordance with art 603 of the Company Code and article 7 of the articles of association, via a contribution in cash and respecting the preferential subscription rights of the existing shareholders. BNP Paribas Fortis would hereby act as "sole global coordinator and sole bookrunner"; ING Belgium and Belfius Bank would intervene as Co-Managers.

Should the capital increase be realized, the conditions and legal information will be available for consultation in a prospectus relating to the operation.

Within the framework of this capital increase a notice has to be communicated in the Annexes to the Belgian State Gazette and the Belgian financial press, in accordance with article 593 of the Company Code. This notice will be published tomorrow, 25 May 2013, in the financial press and on Monday 27 May 2013 in the Annexes to the Belgian State Gazette, and will have the following content:

 

"This is a notice given in accordance with article 593 of the Company Code. This notice is valid subject to the approval of a prospectus by the Financial Services and Markets Authority ("FSMA") and subject to the decision of the statutory manager of Leasinvest Real Estate.

With regard to the date of publication of this notice and to the provisions of the Company Code the subscription period of minimum fifteen days will start at the earliest on Wednesday 05 June 2013.

 

The final dates of the subscription period, the issue price, the issue ratio and other modalities of the capital increase will be communicated before the start of the subscription period on the website of Leasinvest Real Estate (www.leasinvest.be) and in the Belgian financial press.

This notice is in no way an offer to sell securities, nor a solicitation to make an offer to acquire securities of Leasinvest Real Estate under Belgian law or the law of any other jurisdiction. Investors may not subscribe to any of the securities referred to in this notice based on the information recorded in it. A prospectus with detailed information on Leasinvest Real Estate will, after its approval by the FSMA, be available for free on the website of Leasinvest Real Estate and on the website of NYSE Euronext Brussels.

 

No sale of securities will take place in any jurisdiction where such an offer, solicitation or sale would be illegal without prior registration or approval under the financial legislation of such jurisdiction. This notice is not an offer to sell securities in the United States of America, Switzerland, Canada, Australia or Japan, nor is this notice a public offering of securities in France in the sense of article L.411.1 of the French Monetary and financial code (Code monétaire et financier) and the general rules of the "autorité des marchés financiers". The securities are not and will not be registered under the US Securities Act of 1933, as modified, and may not be offered or sold in the United States of America except in case of a registration or an applicable exemption of registration under that Act. No communication of information on the capital increase of Leasinvest Real Estate may be distributed among the public in jurisdictions other than Belgium where prior registration or approval is required to that end. No steps have been taken or will be taken with regard to the offering of preferential subscription rights, scrips or shares outside of Belgium in any jurisdiction where such steps should be required. The issue, the exercise or sale of preferential subscription rights, scrips and subscription to or acquisition of shares, preferential subscription rights or scrips are subject to special legal and regulatory restrictions in certain jurisdictions. Leasinvest Real Estate cannot be held liable in case these restrictions are violated by any possible person. This notice is not a document containing an offer or prospectus relating to the offering of securities by Leasinvest Real Estate. Investors may not accept an offer of securities referred to in this document, nor acquire them unless they act so based on information contained in the relevant prospectus or offering document that will be published and communicated by Leasinvest Real Estate. This document is not an offer to sell nor a solicitation to acquire or subscribe to securities and one cannot use it as a basis for any investment agreement or decision."

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 € 310 million (value 23 May 2013).