The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on SERRANO 61 DESARROLLO SOCIMI, stating that it is eligible for admission to BME’s Growth Market (MAB) following a thorough review of all the information presented by the company.
The listing requires the prior approval of the Board of Directors of MAB.
The company’s ticker symbol will be “YSRR” and it will be traded through the “price fixing” system. Armabex Asesores Registrados is the Registered Adviser while Banco Inversiswill act as Liquidity Provider.
Taking into account the transaction of sale and capital increase of October 3th, 2017 and the capital increase of March 5th, 2018, the reference value set by the company’s Board of Directors for each of the shares is 21.10 euros, which brings its overall valuation to €105.5 million.
SERRANO 61 DESARROLLO SOCIMI is a company dedicated to the exploitation of ABC Serrano Shopping Center, located in one of the most prestigious shopping areas of Madrid. The total of commercial units of the property amounts to 46, whith an occupancy ratio of 86.2% of the total gross leasable.
The Informative Document on SERRANO 61 DESARROLLO 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.