HISPANIA ACTIVOS INMOBILIARIOS SOCIMI SA Hispania has reached an agreement for the sale of its office building named Aurelio Menéndez for a total of 37.5 million euros representing a 39% over the value of the last appraisal (including the investment pending).
Madrid, June 23th, 2017.
Hispania Activos Inmobiliarios, SOCIMI, S.A. LEGAL NOTICEHispania was incorporated for an indefinite duration as per its by-laws. However, and according to the prospectus filed in connection with the admission to listing of Hispania's shares on the Spanish Stock Exchanges, the company reminds its shareholders that its initially proposed value return proposal provides for the liquidation of the entire asset portfolio within six (6) years of the admission to listing without the need to submit such proposal to the shareholders for approval (alternatively, a favorable shareholder vote must be sought if the Board of Directors proposes to keep and actively manage all or part of the company's portfolio on a permanent basis).
This is an English translation of the Spanish language document and has been made for informational purposes only. Should there be any discrepancy between the Spanish original and this translation, the original shall always prevail.
Hispania Activos Inmobiliarios SA published this content on 23 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 June 2017 06:44:08 UTC.
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