Executives of Axiare will share €36.4M with OPA of Colonial

Executives of Axiare will share €36.4M with OPA of Colonial

 

This information has been made public by Axiare in a relevant event reported to the National Securities Market Commission (CNMV). This entity required through two letters sent on January 10 and 17, which Axiare make public the information related to the Company's Incentive Plan for the case that the result of the public offer of acquisition of shares formulated by Inmobiliaria Colonial SOCIMI, had "positive result and be liquidated around February 7, 2018."

The provisional calculation of the amount of the incentives has been confirmed by an Agreed Procedures Report issued by the auditor of Axiare Patrimonio, PicewaterhouseCoopers. "As soon as the final result of the offer is known, the Board of Directors will meet to agree on the settlement and payment of the Incentive Plan, which, as established therein, will be carried out as soon as possible from that moment", reports the relevant event of Axiare.

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