29.10.2015 19:19:00
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Gecina Press Release
Regulatory News:
Gecina (Paris:GFC) acknowledges the transaction report filed with the French Financial Markets Authority (AMF) on October 29, 2015 concerning Gevrey Investissement’s sale of 2,141,924 Gecina shares, representing nearly 3.4% of the capital, on October 22, 2015.
This transaction was carried out at a price of 115.2 euros per share, with a slight discount of nearly 3% on the closing share price from October 22, 2015.
Gecina has been informed that this transaction concerning the securities held by The Blackstone Group through Gevrey Investissement was based on a placement with various investors using an accelerated book-building process.
As a result, this transaction is expected to increase the float, enabling wider access to the share for investors.
Gecina, a leading real estate group
Gecina owns, manages and develops property holdings worth 10.6 billion euros at June 30, 2015, with 90% located in the Paris Region. The Group is building its business around France’s leading office portfolio and a diversification division with residential assets, student residences and healthcare facilities. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers' expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.
Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo indices. In line with its commitments to the community, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.
www.gecina.fr
View source version on businesswire.com: http://www.businesswire.com/news/home/20151029006474/en/
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