Icade today announced the outcome of its simplified public tender offer for ANF Immobilier shares opened on November 16, 2017

According to the results published today by the French Financial Markets Authority (AMF), a total number of 5,275,283 shares was purchased in the offer. Icade now owns 16,091,464 ANF Immobilier shares representing the same number of voting rights, i.e. 84.65% of the share capital and at least 84.28% of the voting rights in this company (1) .

The offer comes after Icade acquired Eurazeo’s controlling interest in ANF Immobilier on October 23, 2017. As announced on November 30, 2017, ANF Immobilier has also concluded the sale of its portfolio of residential and retail property assets in Marseille and Lyon to two companies managed by Primonial REIM.

Icade welcomes the successful outcome of this transaction, which enables the company to step up the implementation of its strategic plan.

(1) Based on a share capital of 19,009,271 shares representing 19,092,888 voting rights, in accordance with the 2 nd alinea of article 223-11 of the AMF General Regulation.

 

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