Final results of the public offering for subscription to the… | Montea
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1 March, 2019

Final results of the public offering for subscription to the capital increase

Share

Following the successful private placement of the scrips, existing shareholders and new investors have now undertaken to subscribe to 100% of the offering

  • Montea launched a public offering in Belgium on 22 February 2019 for subscription to 2,847,708 shares in the framework of a capital increase in cash with irreducible allocation rights for a maximum amount of EUR 160,041,189.60
  • The issue price was fixed at EUR 56.20 per new share
  • ubscription ratio: 9 irreducible allocation rights entitle the holder to subscribe to 2 new shares
  • Subscription to 86.91% of the new shares (2,475,072 shares) by exercise of the irreducible allocation rights
  • Subscription to the remaining 372,636 new shares by exercise of scrips
  • Net proceeds from non-exercised irreducible allocation rights amount to EUR 0.48 per coupon no. 20
  • Finalization of the capital increase, payment of the subscription price and delivery of the new shares scheduled for 5 March 2019
  • Admission of new shares to trading on Euronext Brussels and Euronext Paris scheduled for 5 March 2019