During the Extraordinary General Meeting of 30 April 2019, the proposition of merger by absorption of Beway by Befimmo has been approved. Following this merger, 2,659,828 new ordinary shares of Befimmo have been created.

The listing of the new shares is foreseen on 13 May 2019. The shares are intended to be placed on the market in order to assure the financing of accretive growth operations of Befimmo. 

Given the fact that Fedimmo was the only shareholder of Beway, it became holder of those 2,659,828 Befimmo shares. 

In accordance with the legislation, the voting right attached to the Befimmo shares held by Fedimmo is suspended because this company is directly 100% controlled by Befimmo.

Please consult the full press release:
Befimmo SA - Transparency regulation - 07.05.2019 - FINAL


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Source: Befimmo SA via Globenewswire