Press Release

GAVARI PROPERTIES SOCIMI to start trading on MAB on 1st June

28 May, 2020
  • It is the 3rd company to list on MAB in 2020
  • The company will have a value of 8.77 million euros on its market debut

The Board of Directors of MAB, BME’s Growth Market, has approved the listing of GAVARI PROPERTIES SOCIMI, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.     

The company, the 3rd to list on MAB in 2020, is scheduled to start trading on 1st June 2020.

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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