Montea announces new investments for a total of EUR 83.0 million
- Acquisition of a leased plot of land in Born (NL)
- Development of a build-to-suit project in St Laurent de Blangy (FR)
- Acquisition of a plot of land for development in Meyzieu (FR)
- Quadrupling of the total surface in solar panels (BE & NL)
To finance a.o. these new investments, Montea announces a public offering to subscribe to 2,847,708 new shares
- Capital increase of capital in cash within the authorized capital with irreducible allocation rights for a maximum amount of EUR 160,041,189.60
- Issue price: EUR 56.20 per new Montea share
- Subscription ratio: 9 irreducible allocation rights entitle holders to subscribe to 2 new shares
- Subscription period: from 22 February 2019 to and including 28 February 2019
On the basis of these new investments, the projects under development and the expected funds from the capital increase, Montea confirms its outlook for EPS and DPS growth of 5% in 2019
