Press Release

Grupo Ortiz Properties SOCIMI receives favourable report from MAB

26 July, 2017

 

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on GRUPO ORTIZ PROPERTIES SOCIMI, stating that the company is eligible for admission to the market’s Growth Companies segment following a thorough 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 YGOP and it will be traded through the “price fixing” system. Deloitte is the Registered Advisor while Renta 4 Banco will act as Liquidity Provider.

Based on the appraisal report by independent expert Gesvalt Sociedad de Tasación, the reference value set by the company's Board of Directors for each of the shares is €15.01, which brings its overall valuation to €74.3 million.

GRUPO ORTIZ PROPERTIES SOCIMI is a real estate investment company with a long-term strategy based on the management of a diversified rental asset portfolio and focusing on the Spanish market. It has a total surface area of 40,601 square metres of land for commercial use, 352 houses and 999 parking places.
 

The Informative Document on GRUPO ORTIZ PROPERTIES 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.

Copyright® Bolsas y Mercados Españoles 2017
[ http://www.bolsasymercados.es ]

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