The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on ALMAGRO CAPITALSOCIMI, following a thorough review of all the information presented by the company.
The company’s ticker symbol will be “YAC1”. Renta 4 Corporate, S.A. is the Registered Adviser while Renta 4 Banco, S.A. will act as Liquidity Provider.
The reference value set by the company’s Board of Directors for each of the shares is 1.07 euros, which brings its overall valuation to 10 million euros.
ALMAGRO CAPITALSOCIMI focuses on the acquisition of residential housing houses of elderly people and the subsequent formalization of a long-term lease contract. They mainly invest on houses in the prime area of the main Spanish capitals.
The Informative Document on ALMAGRO CAPITAL SOCIMI can be found on MAB’s website (www.bolsasymercados.es/mab) and contains all the relevant information on the company and its business.