Placements::Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately EUR90.0 Million
Issuer & Securities
CROMWELL EREIT MANAGEMENT PTE. LTD.
CROMWELL EUROPEAN REIT - SG1EA8000000 - CNNU
Date &Time of Broadcast
Announcement Sub Title
Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately EUR90.0 Million
Submitted By (Co./ Ind. Name)
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Proposed private placement of between 200,000,000 and 209,302,300 new units (both figures inclusive) in CEREIT ("New Units") to institutional and other investors at an issue price of between EUR0.43 and EUR0.45 per New Unit (both figures inclusive) (the "Issue Price Range") to raise gross proceeds of no less than approximately EUR90.0 million (the "Private Placement") with a placement upsize of EUR10.0 million.
Please see the attached announcement.
No. of Existing Outstanding Shares
New Shares Issued
Total size =1852K