The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on P3 SPAIN LOGISTIC PARKS SOCIMI, stating that the company is eligible for admission to the market, following a review of all the information presented by the company.
The company’s ticker symbol will be “YP3L” and trading will be through a price setting mechanism which will match buy and sell orders by means of two daily auction periods or “fixings”. Renta 4 Corporate is the Registered Adviser, while Banco Sabadell will act as Liquidity Provider.
The reference value set by the company's Board of Directors for each of the shares is €5.66, which brings its overall valuation to €30.3 million.
P3 SPAIN LOGISTIC PARKS SOCIMI is a real estate investment company and owner of 11 distribution warehouses and a photovoltaic power station, which were acquired on 6 April 2017, with total surface area 321,392 m². The assets are distributed throughout five autonomous communities, the majority in the Community of Madrid and Castilla-La Mancha.
The Informative Document on P3 SPAIN LOGISTIC PARKS 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.