Notice of Change of Control
January 08 2019 - 10:35AM
Notice of Change of Control
Banimmo SA/NVBoulevard
Bischoffsheim 331000 Brussels (Belgium)RLE Brussels
0888.061.724
EUR 44,000,000 4.25 per cent. fixed rated bonds
due 19 February 2020 (ISIN Code: BE0002222884) (the
“Bonds”) issued by Banimmo SA/NV (the
“Issuer”)
Notice of Change of Control
Capitalised terms not defined herein shall have
the same meaning ascribed to them in the terms and conditions of
the Bonds.
For the purpose of Condition 8 of the Terms
& Conditions of the Bonds (Change of Control), notice is hereby
given that on 12 November 2018, Patronale Life NV acquired 60.13 %
of the shares of the Issuer following an unconditional voluntary
public offer in cash on all the shares of the Issuer for a price of
3.30 EUR per share. This qualifies as a Change of Control.
Further to this Change of Control, each
Bondholder has the right to require the Issuer to repurchase all or
any part of such Bondholder’s Bonds within 15 days as from the
publication of the present notice (the “Put
Option”). The date of publication of the present notice is
9 January 2019 and the date of expiry of the 15 day period is 24
January 2019.
The Put Option shall be validly exercised only
if the Bondholder sends to the Issuer (with a copy to ING as Paying
Agent), prior to the expiry of such 15 day-period, a registered
letter in the form attached to the Terms & Conditions of the
Bonds. Such form is available from the Issuer or the Paying
Agent.
In case of exercise of the Put Option within the
15 day-period, each Bond subject to the Put Option shall be
reimbursed at its Nominal Value together with accrued interests,
without any further notice other than the registered letter sent to
the Issuer, at the latest on 9 April 2019.
Contact:
Banimmo
Patrick Mertens
Philippe OpsomerLenneke Marelaan
8 CEO
CFO1932
Zaventem
patrick.mertens@banimmo.be
philippe.opsomer@banimmo.beTel. : +32 2 710 53 11
www.banimmo.be
- Notice to the Bondholders
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