Press Release

GAVARI PROPERTIES SOCIMI receives favourable report from MAB

22 May, 2020
  • It is the third company to join this BME market so far this year

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on GAVARI PROPERTIES SOCIMI, following a thorough review of all the information presented by the company. It is the third company to join this BME market so far this year.

The reference value set by the company’s Board of Directors for each of the shares is 23 euros, which brings its overall valuation to 8.77 million euros.

The company’s ticker symbol will be “YGAV”. VGM ADVISORY PARTNERS is the Registered Adviser while BANCO DE SABADELL will act as Liquidity Provider.

GAVARI PROPERTIES SOCIMI is a company incorporated in 2018 that is mainly dedicated to the rental of residential urban properties located in large cities or provincial capitals.

The Informative Document on GAVARI PROPERTIES SOCIMI can be found on MAB’s website (https://www.bolsasymercados.es/mab/ing/Home.aspx) and contains all the relevant information on the company and its business.

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