GENEBA
news releases


03
Dec.
2014

GENEBA PROPERTIES ANNOUNCES RIGHTS ISSUE OF €207 MILLION

The Rights Issue prospectus (the "Prospectus") was approved by the Dutch financial supervisor Netherlands Authority for the Financial Markets (the "AFM") under the Netherlands Act on Financial Supervision (Wet op financieel toezicht).

 

The Rights Issue will be available under the conditions stated in the Prospectus to all shareholders in Geneba who (i) are shareholders on the record date of 3 December 2014 and (ii) are Eligible Persons (as defined in the Prospectus). The rights received to obtain new shares cannot be traded. Geneba is offering 5 new shares for every 2 shares held. The period during which rights to obtain shares may be exercised will commence on 9 December 2014 and close 31 December 2014. During its Extraordinary Meeting of Shareholders on 18 December 2014 (the "EGM"), Geneba will elaborate on the details and the purpose of the Rights Issue.

 

Details of the Rights Issue can be found in the Prospectus, which is available from today www.geneba.com or www.npex.nl. Investors can also obtain a paper copy of the Prospectus free of charge by making a request thereto via ir@geneba.com. Before making an investment decision, the complete Prospectus should be read for a full overview of the Rights Issue and investors should only base their decisions on the Prospectus as a whole.

 

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GENEBA HAS FILED A RIGHTS OFFERING PROSPECTUS IN THE NETHERLANDS.  THE PROSPECTUS CONSTITUTES A PUBLIC OFFERING OF SUCH SECURITIES ONLY IN THOSE JURISDICTIONS WHERE THEY MAY BE LAWFULLY OFFERED FOR SALE AND THEREIN ONLY BY PERSONS PERMITTED TO SELL SUCH SECURITIES. 

 

WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE RIGHTS AND OFFERED SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT"), AND WILL NOT BE REGISTERED WITH ANY AUTHORITY COMPETENT WITH RESPECT TO SECURITIES IN ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES OF AMERICA. THE OFFERED SHARES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OF AMERICA OR ANY TERRITORY OR POSSESSION THEREOF, OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT), ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.

 

About Geneba

Geneba Properties N.V. is a European commercial real estate company, incorporated in 2013 and based in Amsterdam, the Netherlands. The company manages a property portfolio consisting of long-term leased commercial real estate in Germany, the Netherlands and the three Baltic countries.

Geneba's investment focus is on Corporate Real Estate assets which serve its tenants as operational basis. The main targets are logistical and light industrial buildings as well as office buildings in Germany, the Netherlands and Scandinavia. Geneba's shares are traded at NPEX. Geneba is subject to the supervision of the AFM.


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