The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on STUDENT PROPERTIES SPAINSOCIMI, 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 “YSPS” and it will be traded through the “price fixing” system. GVC Gaesco Beka is the Registered Advisor and will also act as Liquidity Provider.
Based on the appraisal report by independent expert TINSA, the reference value set by the company's Board of Directors for each of the shares is €1.15, which brings its overall valuation to €12.65 million.
STUDENT PROPERTIES SPAINSOCIMI is a real estate investment society focused on the student residences sector. It owns a building in Madrid that is currently being refurbished with the purpose of turning it into a residence hall with 146 rooms and extensive shared areas.
The Informative Document on STUDENT PROPERTIES SPAIN 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.