Publication of the documentation for the Annual General Meeting
IGD advises that, the Notice of Call of the Annual General Meeting, ordinary and extraordinary sessions together with the Board of Directors’ explanatory notes regarding items of both ordinary and extraordinary sessions, are now available upon request
Notice of call for Ordinary and Extraordinary Annual General Meeting
The shareholders entitled to attend and with voting rights are called to a general meeting in ordinary and extraordinary session in Bologna, at IGD headquarters in via Trattati Comunitari Europei 1957-2007, n. 13, on 3rd floor, on 12 April 2017 at 10:00 a.m
Extract of notice of call for ordinary and extraordinary Annual General Meeting
The shareholders entitled to attend and with voting rights are called to a general meeting in ordinary session in Bologna, at IGD’s headquarters in via Trattati Comunitari Europei 1957-2007, n. 13, on 3rd floor, on 12 April 2017 at 10:00 a.m. in first call, and, if necessary, in second call on 13 April 2017 at […]
Results presentation as at 31 Decemeber 2016
IGD’s main results are: Group net profit: €68.3 million (+49.7%) Rental income: €131.3 million, +8.4% (LFL Italy +1.7%, Romania +3.1%) Core business Ebitda: €94.9 million (+11.6%) Market value of the portfolio: €2,178 million (+4.6%) EPRA NNNAV per share: €1.29 (+3.2%)
Ample room for further upside
Between 8 November, when the last newsletter was published, and the market close on 24 February 2017 IGD’s stock price recovered 7.6%, despite the negative impact of Italy’s perceived country risk. IGD’s stock is trading at a substantial discount with respect to its P/NNNAV 2016 (44%), while the consensus target price is 33% higher than […]
