Vivenio approves a capital increase of €101M

Vivenio approves a capital increase of €101M

Vivenio's board of directors intends to approve a capital increase of 101.68 million euros, as reported by the Socimi to BME Growth.

This operation will entail the issuance of 79.1 million ordinary shares, newly issued, with a nominal value of one euro each and with an issue premium per share of 0.2655 euros.

The totality of the nominal value and the issue premium of the new shares will be paid up through monetary contributions. The Socimi foresees that the term for the exercise of the pre-emptive subscription right of the shareholders will begin, once the corresponding capital increase document is approved by the Alternative Stock Market, on the first business day following publication in the Official Gazette of the Commercial Registry of the announcement of the capital increase, and will end after 14 days.

Aware Super acquired a 49% stake in Vivenio at the beginning of July with a total investment of 600 million euros. The Socimi's other main shareholder is the Dutch pension fund APG, which will have the same stake (41.18%).

APG, Aware and Vivenio agreed to invest up to 400 million euros (200 million euros each) in the company over the next three years and jointly develop their business plan.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!