ANF Immobilier: Completion of the Disposal of Part of Lyon’s Portfolio
PARIS -- November 15, 2012
ANF Immobilier (Paris:ANFP) announces having completed today the disposal of
part of its Lyon’s portfolio to funds managed by Grosvenor for a global net
seller price of 309.6 million euros.
This disposal follows the sale of the B&B portfolio completed on November 12th
and 13th, 2012 and finalises the disinvestment program announced by ANF
Immobilier on October 15th, 2012.
Following the completion of these disposals, ANF Immobilier’s shareholders are
convened to the ordinary and extraordinary general meeting on November 21st,
2012, in order to decide:
(i) a distribution of reserves of 3.06 euros per ANF Immobilier share; and
(ii) the share capital reduction corresponding to the public share buyback
offer (the “OPRA”), at a unit price of 31.1 euros, which is further described
in an information memorandum approved by the French Autorité des marchés
financiers (the French financial markets Authority), on November 14^th, 2012,
under the visa n°12-552^1.
On the same day, ANF Immobilier’s Executive Board will also decide an interim
dividend of 3.58 euros per ANF Immobilier share.
The coupon detachment date for the reserves distribution and the interim
dividend, i.e. a total cash amount of 6.64 euros per ANF Immobilier share,
will occur on November 23^rd, 2012. Therefore, to benefit from such
distributions, ANF Immobilier’s shareholders must purchase their ANF
Immobilier shares at the latest on November 22^nd, 2012, last trading day with
rights attached. The OPRA should be opened immediately after the rights
2012 Financial Agenda
21/11/2012 10:00 Shareholders’ general meeting
20/03/2013 (before market opening) 2012 annual results
06/05/2013 10:00 Shareholders’ general meeting
28/08/2013 (before market opening) Q1 2013 results
Regarding ANF Immobilier
ANF Immobilier (ISIN FR0000063091) owns and manages a real estate of 1.7
billion euros in the inner-cities of Lyon and Marseille along with a portfolio
composed of 168 hotel properties in France which are leased to the B&B
operator. It is a major listed real estate investment company (“SIIC”),
focused on residential and commercial rental real estate.
ANF Immobilier, a Eurazeo Group company, is listed on the Euronext Paris’
Eurolist B regulated market and belongs to the EPRA index.
^1 Copies of the information memorandum are available on the websites of ANF
Immobilier (www.anf-immobilier.com) and the AMF (www.amf-france.org), and may
be obtained free of charges from ANF Immobilier (32, rue de Monceau, 75008
Paris), Lazard Frères Banque SA(121, boulevard Haussmann, 75382 Paris Cedex
08) and Natixis (47, quai d’Austerlitz, 75013 Paris).
Jean-Annet de SAINT RAPT, +33 1 44 15 01 11
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