As of 28 February 2014 IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. has sold to Quantum Strategic Partners Ltd., a private investment fund managed by Soros Fund Management LLC, all of its 10,976,592 treasury shares, representing approximately 3.15% of the share capital.

On the same date, Unicoop Tirreno has sold to the same purchaser 6,423,494 IGD shares. The equity interest held by Unicoop Tirreno, that continues to be the real estate company’s second largest shareholder, is consequently reduced from 14.9% to approximately 13.1%.

Quantum Strategic Partners Ltd., therefore, has purchased a total of 17,400,086 IGD shares, representing 5% of the share capital, becoming the third largest shareholder of the company.

The sale of the treasury shares by IGD is in line with the 2014-2016 Business Plan approved last December and with the authorization for the sale of treasury shares resolved by IGD’s Annual General Meeting held on 18 April 2013.

The closing of the aforementioned transactions shall take place within 5 March 2014.

IGD’s legal advisor for the transaction was Chiomenti Studio Legale.