Befimmo SA - Contribution agreement AXA buildings - Embargo 10.09.2014 5.40 PM


Befimmo, listed on NYSE Euronext Brussels, announces:
  • the signing of a contribution agreement with AXA Belgium SA ("AXA Belgium") for the "Toison d'Or 72" and "Rue aux Choux 35" buildings in Brussels, with a total conventional value of €36.9 million;
  • consideration for this contribution of 70% in new Befimmo shares and 30% in cash;
  • the resulting increase of the shareholders' equity of €25.8 million by the issue of 447,723 new shares at a price of €57.65 per share upon effective completion of the contribution; and
  • the increase in the holding of AXA Belgium in Befimmo's capital from 9.6% to 11.4%.
 
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Befimmo SA - Contribution agreement AXA buildings
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