Pubblication notice of the Interim Financial Report as at 30 September 2019
Please be advised that in accordance with the law, the Interim Financial Report as at 30 September 2019, approved by the Board of Directors on 7th November 2019, will be available to the general public on 12th November 2019 at the company’s Registered Office, on the Company’s website https://eng.gruppoigd.it/ section Investor Relations – Reports and […]
Publication of the interim financial report as at 30 September 2019
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., one of the main player owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, advises that, in accordance with Consob Resolution n.11971 of 14 May 1999, as amended, the Interim Financial Report as at 30 September 2019 […]
Approval of the proposal of voluntary share capital reduction through full allocation to legal reserve and available equity reserve
The Extraordinary Shareholders’ Meeting of IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), held today and chaired by Elio Gasperoni, approved the voluntary reduction of the share capital, pursuant to and for the purposes of Article 2445 of the Italian Civil Code, from EUR 749,738,139.26 to EUR 650,000,000.00. In particular, the share […]
IGD announces a new issuance of notes and the refinancing of certain outstanding notes
The Board of Directors of Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”) today resolved upon the issuance of new senior, non-convertible notes, up to a maximum amount of Euro 500,000,000, (the “New Notes“), to be issued by 31 January 2020. The New Notes will be offered to institutional investors in Italy and abroad, […]
Result presentation as at 30 September 2019
FFO: €9 million (+5.6%); Rental income: €0 million, +2.7% (LFL Italy flat, Romania +2.7%) Net rental income: €2 million, +10.7% (+2.5% adj. ex IFRS16[1]) Average cost of debt 2.4%; Loan to Value 47.8% [1]Adj ex IFRS16: for the sake of comparability, the 2019 figure was restated excluding the impact of IFRS 16 application.
