Placements::Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately EUR100.0 million

Issuer & Securities

Issuer/ Manager
CROMWELL EREIT MANAGEMENT PTE. LTD.
Securities
CROMWELL EUROPEAN REIT - SG1EA8000000 - CNNU
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
21-Jun-2019 08:10:53
Status
New
Announcement Sub Title
Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately EUR100.0 million
Announcement Reference
SG190621OTHRMX2A
Submitted By (Co./ Ind. Name)
Simon Garing
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Proposed private placement of 217,391,000 new units in CEREIT ("New Units") to institutional and other investors at an issue price of between EUR0.460 and EUR0.470 per New Unit (both figures inclusive) (the "Issue Price Range") to raise gross proceeds of no less than approximately EUR100.0 million (the "Private Placement").

Please see the attached announcement.

Additional Details

Capital Amount-Old
EUR 1,159,150,000
Capital Amount-New
EUR 1,259,150,000
No. of Existing Outstanding Shares
2,200,777,568
New Shares Issued
217,391,000
Offer Price
EUR 0.46

Attachments

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