The Coordination and Admissions Committee of MAB has submitted to the Board of Directors a favourable report on AM LOCALES PROPERTY SOCIMI,stating that the company is eligible for admission to the market, following a review of all the information presented by the company.
The listing requires prior approval by the Board of Directors of MAB.
The company’s ticker symbol will be “YAML” and it will be traded through the “price fixing” system. ARMABEX Asesores Registrados is the Registered Advisor while BNP Paribas, Sucursal en España will act as Liquidity Provider.
The Company’s Board of Directors has set a reference value of 19.48 euros for each of its shares, thus placing the Company’s total value at 97.9 million euros.
AM LOCALES PROPERTY SOCIMI started its activity in 1990 and since then it has been making various real estate acquisitions in Spain. At present it has 40 properties, mostly commercial premises. Inversiones GB Balboa, which is 100% indirectly controlled by the company, manages the properties.
The Informative Document on AM LOCALES PROPERTY SOCIMI can be found on the MAB’s website (www.bolsasymercados.es/mab) and contains all the relevant information on the company and its business.