Taking into account the number of shares for which the shareholders have carried out the attendance formalities to attend the Extraordinary General Meeting of 15 April 2019, it can already be confirmed that the legally required attendance quorum will not be reached at this Meeting.
Consequently, the shareholders are invited to attend the second Extraordinary General Meeting to be held on 30 April 2019 at the Company's registered office, Chaussée de Wavre 1945, 1160 Brussels to deliberate and decide on the same agenda. This Extraordinary General Meeting will be held directly after the Ordinary General Meeting of Befimmo SA, which is convened on the same day at 10.30 AM.
This Extraordinary General Meeting is about the merger by absorption of Beway SA. This proposed merger by absorption of Beway aims at simplifying the structure of the Befimmo group and at optimising management costs, as all Beway shares are now held by Fedimmo, a 100% subsidiary of Befimmo. This merger would lead to the creation of 2,659,828 new ordinary Befimmo shares. Remaining within the group, no dilution of the net asset value and the EPRA earnings is to be foreseen. At a later stage, when appropriate, these shares could be used to finance accretive growth.
All documents related to the Meeting are available on the Company website (http://www.befimmo.be/en/investors/general-meetings):
- Agenda;
- Proxy;
- Correspondence vote form;
- Additional information.
The practical formalities of participation in the Extraordinary General Meeting are described in the agenda.
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