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MERLIN Properties Announces Capital Increase
Company Announcements

MERLIN Properties Announces Capital Increase

MERLIN Properties SOCIMI SA (ES:MRL) has released an update.

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MERLIN Properties SOCIMI, S.A. has announced a capital increase without preferential subscription rights, with Banco Santander, S.A. committing to subscribe to new shares proportional to its 24.58% stake in the company. The exact issue price of the 23,094,534 shares will be set after a bookbuilding process, and Banco Santander agrees not to sell these shares for 90 days post-capital increase, with customary market exceptions.

For further insights into ES:MRL stock, check out TipRanks’ Stock Analysis page.

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