Foncière des Régions confirms support for issuance of bonds convertible into new Beni Stabili ordinary shares
We refer to the press release of Beni Stabili S.p.A. (the “Company”) published today, announcing the launch of its issue of bonds convertible into new ordinary shares of the Company (the “Bonds”).
Foncière des Régions S.A. hereby confirms that, in its capacity as majority shareholder of the Company, it intends to support the issuance of the Bonds and, therefore, it will vote in favour of the share capital increase and exclusion of the pre-emptive rights in connection with the offering of the Bonds, to be resolved at the forthcoming extraordinary general meeting of the Company.
Financial schedule:
28 May 2010: Shareholder General Meeting
About Foncière des Régions
Foncière des Régions, foncière partenaire
Foncière des Régions is a leading listed real estate company with unique characteristics:
- Property company specialising in offices
- Real estate partner for major companies (France Telecom, EDF, Accor, Suez Environnement, Thales, Dassault Systèmes, Telecom Italia, IBM, etc.)
- Strong visibility over rental income
- Strategy to continuously improve the property holding (quality and efficiency of assets, environmental performance, etc.).
A French listed real estate investment trust (SIIC), Foncière des Régions is successfully deploying its business model in other sectors (logistics, business premises, residential, car parks), highlighting the relevance of its real estate strategy.
Foncière des Régions is listed on Euronext Paris Compartment A (FR0000064578 - FDR) and eligible for the deferred settlement system. Foncière des Régions’ share is included in the Euronext Eurolist MSCI, SBF 120, Euronext IEIF ”SIIC France” and Mid 100 indexes, as well as Europe’s main property indexes: EPRA and GPR 250.
Key figures
€9.3billion portfolio (group share)
Rental income : €526M (group share)
337 staff in France
www.foncieredesregions.fr
Contacts:
Investor Relations
Philippe Le Trung
Tel.: + 33 (0)1 58 97 52 04
philippe.letrung@fdr.fr
Sébastien Bonneton
Tel.: + 33 (0)1 58 97 52 44
sebastien.bonneton@fdr.fr
Press Relations
Philippe Boyer
Tel.: + 33 (0)1 58 97 52 23
philippe.boyer@fdr.fr