REG-Grit Real Estate Income Group Disposal of interests in Acacia Estates and Bora Africa to the group’s development subsidiary, Gateway Real Estate Africa
29/01/2024 12:45
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Grit Real Estate Income Group (GR1T)
Disposal of interests in Acacia Estates and Bora Africa to the group’s
development subsidiary, Gateway Real Estate Africa
29-Jan-2024 / 12:30 GMT/BST
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THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) (AS AMENDED) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF
THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AND OTHER IMPLEMENTING MEASURES.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share code (dual currency trading): DEL.N0000 (USD) / DEL.C0000(MUR)
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
(“Grit” or the “Company” and, together with its subsidiaries, the
"Group")
DISPOSAL OF INTERESTS IN ACACIA ESTATES AND BORA AFRICA TO THE GROUP’S
DEVELOPMENT SUBSIDIARY, GATEWAY REAL ESTATE AFRICA
The board of Directors (the "Board") of Grit Real Estate Income Group
Limited, a leading pan-African real estate company focused on investing
in, developing and actively managing a diversified portfolio of assets
underpinned by predominantly US$ and Euro denominated long-term leases
with high quality multi-national tenants, today announces the disposal of
its interests in Bora Africa and the partial disposal of its interests in
a diplomatic housing asset in Mozambique ("Acacia Estates"), to Gateway
Real Estate Africa (“GREA”), the Group’s development subsidiary.
Executive summary:
• GREA’s shareholders, Grit and the Public Investment Corporation of
South Africa ("PIC") acting in its capacity as the nominated asset
manager and duly authorised agent of the Government Employees Pension
Fund (“GEPF”), have conditionally agreed to subscribe, pro rata to
their existing shareholdings (as between themselves), for a total of
US$100 million of new equity in GREA (the "GREA Capital Raise").
• Grit will, conditional upon shareholder approval, meet its obligations
to the GREA Capital Raise with proceeds raised from the disposal of
its interests in Bora Africa and the partial disposal of its interests
in Acacia Estates to GREA. The remaining funds (receivable in cash
from PIC) will provide GREA with the opportunity to develop new
industrial and logistics assets and enable it to expand its diplomatic
housing portfolio. These disposals are considered related party
transactions for the purposes of the Listing Rules and are together
considered a Class 2 transaction (the “Related Party Transactions”).
Details include:
1. Grit disposing of a 99.9% interest in Bora Africa, Grit’s wholly-owned
subsidiary that invests in logistics, light industrial, manufacturing
and digital infrastructure properties to GREA for US$50.7 million, a
value derived from the independently appraised property valuation and
latest audited NAV at 30 June 2023; and
2. Grit selling to GREA a 48.5 per cent. interest in Acacia Estates for
an aggregate consideration of US$19.6 million (comprising US$14.3
million for the sale of the equity interests plus approximately US$5.3
million for the assignment of the shareholder loans (subject to a
completion accounts adjustment)), a value derived from the
independently appraised property valuation and latest audited NAV at
30 June 2023. Grit will then retain a 5.0 per cent. interest in Acacia
Estates.
• A circular containing further details on the Related Party
Transactions pursuant to Listing Rule 13.6, and also the GREA Capital
Raise (the “Circular”) will be sent to shareholders today and made
available on the Company’s website at
www.grit.group/investor-relations/documents-circulars/.
• GREA’s results are to be consolidated with Grit’s with effect from 30
November 2023, as described in paragraph 4.3 of Part 2 of the
Circular. This means that the disposed assets will continue to be
consolidated following the conclusion of the above transactions and
the Group’s net asset value will be unchanged post the GREA Capital
Raise.
• The cash proceeds received will be used to fund Grit's (US$51.5
million) participation in the GREA Capital Raise with the balance
(US$18.8 million) used to reduce the Group's inter-company and
external indebtedness and replenish its working capital facilities.
Transaction summary
Net debt will be transferred with the properties as part of the disposal.
Transaction values are therefore equal to the NAV disposed of plus the
repayment of Grit's shareholder loans:
Gross NAV 100% % NAV Shareholder
Asset property (incl. Disposed disposed loans Transaction
value shareholder of of repaid value
(100%) loans)
Bora $79.3mln $2.8mln 99.9% $2.8mln $47.9mln $50.7mln
Africa
Acacia $71.6mln $29.4mln 48.5% $14.3mln $5.3mln $19.6mln
Estates
Total $150.9mln $70.3mln
The gross assets subject of the Bora Investment and the DH Disposal are
US$150.9 million in aggregate. There is not expected to be any change in
the key individuals important to the business or the companies that are
the subject of the Class 2 transaction.
Bronwyn Knight, CEO of Grit, commented:
“The disposal of properties at or close to book value achieves the Board’s
strategy of additional asset recycling and further reinforces the Group’s
audited net asset value at 30 June 2023. By concluding the GREA Capital
Raise with these proceeds, the Group (including GREA) receives a cash
injection of US$48.5 million from the PIC’s subscription at NAV. This
equity will be invested by GREA into further development projects that are
expected to meaningfully contribute to ESG impact, accelerated NAV growth
and fee income generation to the Group as is contemplated under the Grit
2.0 strategy.”
Further detailed information
1. Introduction
Since inception, Grit has pursued an investment strategy of owning high
quality real estate assets across multiple African geographies (excluding
South Africa) and across multiple asset classes to let to its
multi-national tenants.
More recently, Grit has been focusing its efforts on simplifying the Group
structure and securing a pipeline of highly accretive transactions, in
what the Company believes to be defensive asset classes in resilient
jurisdictions. In addition, the Board has been seeking to secure the
Group's long-term growth with the recently concluded phased acquisitions
of controlling interests in Gateway Real Estate Africa Ltd (the member of
the Grit Group through which Grit undertakes its development activities)
and Africa Property Development Managers Limited ("APDM") (a member of the
Grit Group which provides asset management and advisory services to GREA).
These actions laid the foundations of the Grit 2.0 growth strategy, which
includes recycling capital away from non-core assets and moving it towards
infrastructure and impact assets (comprising light industrial and
logistics, corporate and consular accommodation, healthcare, and data
centres).
Another part of the Grit 2.0 strategy is to organise the Group's real
estate assets into logical sector groupings. This strategy is designed to
facilitate development activities, to increase the value of the Group's
assets and to generate fee income for the Group.
Grit has identified opportunities to create a specialist property platform
investing in industrial assets and to consolidate the Group's current
diplomatic housing assets. To take advantage of these opportunities, the
Grit Group proposes to enter into two transactions which include: (i) the
disposal of its interests in industrial assets to GREA; and (ii) the
partial sale of its interests in a diplomatic housing asset to GREA, both
at a price based on the audited book value as at 30 June 2023.
GREA has two ultimate shareholders: Grit owns a combined direct and
indirect 54.2 per cent. interest in GREA, and (excluding the interest held
indirectly through Grit) Public Investment Corporation of South Africa,
acting in its capacity as the nominated asset manager and duly authorised
agent of the Government Employees Pension Fund owns, directly and
indirectly, the remaining 45.8 per cent. interest in GREA. GREA intends to
issue a call notice to its shareholders and Grit and PIC have agreed,
conditional upon Shareholder approval of the Related Party Transactions
being obtained, to subscribe pro rata to their existing direct
shareholdings (as between themselves) for a total of US$100 million in
cash (the "GREA Capital Raise"). Grit will meet its obligations to the
GREA Capital Raise with proceeds raised from the Related Party
Transactions, whilst the remaining funds (receivable from PIC), will
provide GREA with the opportunity to develop new industrial and logistics
assets and enable it to expand its diplomatic housing portfolio.
PIC is deemed to be a "related party" of Grit under the Listing Rules
because it holds 20.8 per cent of Grit's issued share capital as at the
Latest Practicable Date and is therefore a "substantial shareholder". In
addition, GREA is deemed to be an "associate" of PIC under the Listing
Rules as a result of PIC’s 45.8 per cent interest in GREA (excluding the
interest held indirectly through Grit) as at the Latest Practicable Date.
Accordingly, transactions between the Grit Group and GREA are considered
related party transactions for the purposes of the Listing Rules.
Given that the Company has a secondary listing on the Official Market of
the SEM, provisions of Chapter 13 of the SEM Listing Rules pertaining to
"Related Party Transactions" do not apply.
Certain of the transactions referred to in the Circular therefore require
Shareholder approval in accordance with the Listing Rules. Accordingly, a
general meeting at which Shareholders will be asked to approve the Related
Party Transactions (as more fully set out in the Notice of General Meeting
contained in Part 4 (Notice of General Meeting) of the Circular) is being
convened for 1.00 p.m. (MUT) / 9.00 a.m. (GMT) on 16 February 2024 at
Unity Building, The Precinct, M2 Junction, B11 Fond du Sac Road, Grand
Baie, 31301, Mauritius (the "General Meeting"). Further information on the
arrangements for the General Meeting are set out in paragraph 8 below.
2. Board support
The Board considers the Related Party Transactions to be in the best
interests of Shareholders as a whole and unanimously recommends that
Shareholders vote or procure votes in favour of the Resolutions to be
proposed at the General Meeting, as the Directors intend to do in respect
of their aggregate shareholdings in the Company representing approximately
3.6 per cent. of the Company’s current issued share capital as at the
Latest Practicable Date.
3. Description of, background to and reasons for the Related Party
Transactions and the GREA Capital Raise
The purpose of the Related Party Transactions and the GREA Capital Raise
is to facilitate the expansion of GREA's development activities. GREA is
the member of the Grit Group through which Grit undertakes its development
activities. GREA intends to expand its development activities in two areas
where it has a track record of success, namely: (i) developing industrial
and logistics assets across Africa which it intends to implement through
its industrial property platform; and (ii) establishing a diplomatic
housing portfolio across the African continent for the US Government,
Governments of other countries and multi-national companies. It is
intended that such assets will either be sold or held as investments of
the Group. Details of GREA's proposed expansion activities are set out in
the following paragraphs.
The Bora Investment - Industrial property platform
Grit has identified an opportunity to create a specialist property
platform to invest in logistics, light industrial, manufacturing and
digital infrastructure properties. Bora Africa, a wholly-owned subsidiary
of Grit (indirectly through GSL), has been established for this purpose
and was seeded with six property assets in Kenya and Mozambique (the "Bora
Assets") from GSL as well as a shareholder loan from GSL (the "GSL/Bora
Loan"). Bora Africa has a pipeline of predominantly development
opportunities, which GSL does not currently have the capital to develop.
Further details of Bora Africa's assets are set out on page 195 of Grit's
2023 Accounts published on 31 October 2023.
In order to implement Grit's expansion strategy in respect of its
industrial assets, GREA has committed to investing in Bora Africa pursuant
to the terms of a subscription and loan agreement entered into between
GSL, GREA and Bora Africa dated 29 January 2024 (the "Bora Subscription
and Loan Agreement").
Pursuant to the Bora Subscription and Loan Agreement, conditional on
Shareholder approval being obtained, GREA has agreed to subscribe for
9,999 ordinary shares in Bora Africa representing 99.9 per cent. of the
enlarged issued share capital in Bora Africa (the "Bora Subscription") for
an aggregate subscription price of US$9,999 (the "Bora Subscription
Price"). In addition, pursuant to the Bora Subscription and Loan Agreement
and conditional on the Bora Subscription, GREA has agreed to advance Bora
Africa US$50.7 million (subject to adjustments pursuant to final
completion accounts) by way of a shareholder loan (the "GREA/Bora Loan"
and, together with the Bora Subscription, the "Bora Investment").
Following the Bora Investment, Bora Africa will use the proceeds to repay
the GSL/Bora Loan in full. The Bora Investment represents an amount equal
to Bora Africa's net asset value as at 30 June 2023 (plus shareholder
debt), which was derived from the Group's audited accounts for the year
ended 30 June 2023.
In addition, a subordinated hybrid note will be issued to International
Finance Corporation, a member of the World Bank Group ("IFC") in the sum
of approximately US$16.9 million in order to fund Bora Africa's initial
pipeline. As at the Latest Practicable Date, no funds had been drawn down.
Bora Africa is in advanced discussions with IFC in respect of the issue of
a further subordinated hybrid note in the sum of approximately US$13.1
million.
As GREA is a related party of Grit, accordingly, the Bora Investment as
set out in the Bora Subscription and Loan Agreement (being an agreement
entered into between a subsidiary undertaking of a listed company and a
related party) is conditional on Shareholder approval, as further
described on paragraph 5 below.
The DH Disposal - Consolidation of diplomatic housing assets
Diplomatic Holdings Africa Ltd ("DH Africa"), a wholly-owned subsidiary of
GREA, has been established as a specialist property platform investing in
diplomatic housing and other sovereign-backed property assets in Africa.
DH Africa will be used by the Grit Group as the platform for future growth
in diplomatic housing.
GREA currently holds (or will hold) three diplomatic housing assets
through DH Africa, which were internally developed, and has several future
developments which are either under consideration or in the process of
being negotiated.
GSL (a wholly-owned subsidiary of Grit) currently owns a 53.5 per cent.
interest in one of those assets (excluding the interest held indirectly
through GREA), Acacia Estates, a diplomatic housing complex in Mozambique,
with GREA owning the remaining 46.5 per cent. Acacia Estates is the only
diplomatic housing asset that the Grit Group holds outside its interest in
GREA.
As part of the implementation of the Company's consolidation strategy, it
is intended that GSL will: (i) sell to GREA (or its nominee, DH Africa), a
48.5 per cent. interest in Acacia Estates for an aggregate consideration
of US$14.3 million, and (ii) will assign its interest in its shareholder
loans related to Acacia Estates to GREA (or its nominee), DH Africa
(valued at US$5.3 million subject to final completion accounts) (the "DH
Disposal"). Following the DH Disposal, GSL will retain a 5 per cent.
interest in Acacia Estates.
The sale price of US$14.3 million for the 48.5 per cent. equity interest
represents an amount equal to 48.5 per cent. of the net asset value of
Acacia Estates as at 30 June 2023 (excluding shareholder debt). This value
was derived by applying a 2.0 per cent. reduction to the value audited by
the Company's external auditors as at 30 June 2023 to reflect changes in
market pricing over the period
GSL's debt and equity interests in Acacia Estates are held via certain
subsidiary companies. The DH Disposal will be effected on the terms set
out in a share purchase agreement between, amongst others, GSL, GREA and
the relevant subsidiary companies dated 29 January 2024 ("DH Share
Purchase Agreement"). Further details of the DH Share Purchase Agreement
are set out in the Circular to be sent to shareholders.
As indicated above, GREA is a related party of Grit and, accordingly, the
DH Disposal which will be effected on the terms set out in the DH Share
Purchase Agreement (being an agreement entered into between a subsidiary
of a listed company (i.e. GSL, GREA and the relevant subsidiary companies)
and a related party (i.e. GREA)) is conditional on Shareholder approval as
further described in paragraph 5 below.
Further details of Acacia Estates are set out on page 195 of the Company's
2023 Accounts published on 31 October 2023.
The Bora Investment and the DH Disposal, together, constitute a "Class 2
transaction" for the purposes of the Listing Rules. The net annual rent as
of 30 June 2023 that is attributable to the assets that are the subject of
the Bora Investment and the DH Disposal is US$11,779,822 in aggregate.
There is not expected to be any change in the key individuals important to
the business or the companies that are the subject of the Class 2
transaction.
APDM Transaction
While the APDM Transaction described below is considered to be a
transaction in the ordinary course of business on normal market terms, and
therefore not a related party transaction under the Listing Rules, the
following information is provided as context and rationale associated with
the Bora Investment and the DH Disposal.
As GREA does not have its own employees and staff, APDM (a member of the
Grit Group of which Grit holds a 78.95 per cent. interest) has been
contracted to provide asset management and advisory services to GREA in
respect of GREA's directly and indirectly held investments, pursuant to an
asset management and advisory services agreement. Pursuant to the asset
management and advisory services agreement, a management fee is payable to
APDM, which shall not exceed 1.50 per cent. per annum of GREA's total
assets under management.
Following the completion of the Related Party Transactions, each of Bora
Africa and GREA (or its nominee, DH Africa) will require management
support services. Accordingly, wholly-owned subsidiaries of APDM have
contracted GSL (a wholly-owned member of the Grit Group) to provide full
turn-key management services to both Bora Africa and GREA (or its nominee,
DH Africa), pursuant to the Asset Management Agreements and Property
Services Management Agreements. Undertaking such activities to generate
this type of fee income to the Group is consistent with the Grit 2.0
strategy.
4. Use of proceeds
The proceeds received by Grit (being, US$50.7 million (as adjusted by the
relevant completion accounts) in relation to the Bora Investment and
US$19.6 million (as adjusted by the relevant completion accounts) in
relation to the DH Disposal) in respect of the Related Party Transactions
are intended to be used to fund Grit's (US$51.5 million) participation in
the GREA Capital Raise with the balance (US$18.8 million) to be used to
reduce the Group's inter-company and external indebtedness and replenish
its working capital facilities.
5. Related Party Transactions
As at the date of the Circular, the following persons are related parties
of the Company:
• PIC; and
• GREA,
(together the "Related Parties" and each a "Related Party").
A person can be a related party for a number of reasons, including by
virtue of the size of its holding in a company. Under the Listing Rules,
an associate of such person can also be a related party. Furthermore, a
transaction or arrangement by a listed company includes a transaction or
arrangement by its subsidiary undertakings.
The Related Parties are deemed to be related parties of the Company for
the purposes of the Listing Rules: (i) in the case of PIC, as a
substantial shareholder by virtue of its 20.8 per cent. holding in the
Company's issued share capital; and (ii) in the case of GREA, by virtue of
GREA being an associate of PIC as PIC has (excluding the interest held
indirectly through Grit) a direct and indirect 45.8 per cent. holding in
GREA's issued share capital.
Shareholder approval is being sought at the General Meeting, in accordance
with the Listing Rules, for the Related Party Transactions as the Bora
Investment and the DH Disposal constitute related party transactions for
the purposes of the Listing Rules.
Accordingly, the Directors are proposing the Resolutions at the General
Meeting, the effect of which is to approve each Related Party Transaction
for the purposes of Listing Rule 11. Each Related Party Transaction will
not proceed unless the relevant Resolution is passed. Neither Resolution
is conditional on the other passing. Each of the Related Parties has
undertaken not to vote the Ordinary Shares in which it is interested in
respect of the Resolutions and will take all reasonable steps to ensure
that its associates will also abstain from voting on such Resolutions.
6. Benefits of the Related Party Transactions
The Directors believe that the entry into the Related Party Transactions
will have the following benefits for Shareholders:
• The disposals by Grit, of US$150.9 million worth of properties at or
close to book value, achieves the Board’s strategy of additional asset
recycling and further reinforces the Group’s audited net asset value
at 30 June 2023.
• By virtue of concluding the GREA Capital Raise with the proceeds of
these disposals, the Group (including GREA) receives a cash injection
of US$48.5 million from the PIC’s subscription pursuant to the GREA
Capital Raise.
• The cash injection will be invested by GREA into further development
projects which are expected to meaningfully contribute to ESG impact,
accelerated NAV growth and fee income generation to the Group (as is
contemplated under the Grit 2.0 strategy).
• Entering into the Asset Management Agreements and the Property
Services Management Agreements will result in the Grit Group receiving
100 per cent. of the management fees payable by Bora Africa and DH
Africa whilst only incurring 54.2 per cent. of the cost by virtue of
Grit's 54.2 per cent. ownership of GREA.
• Ringfenced and adequately resourced sector strategy sub-structures
allow for the introduction of minority equity partners and additional
mezzanine capital support from development finance institutions
("DFI's"). These are intended to achieve a "capital light" approach to
generating real estate returns as contemplated under the Grit 2.0
strategy.
7. Considerations associated with the Related Party Transactions
Shareholders should note that the Grit 2.0 strategy is predicated on
creating structures to generate income from assets for which the Group
does not hold 100 per cent. of the equity interest. In the event that the
Related Party Transactions are not approved, Grit would not be able to
fund its pro rata proportion of the GREA Capital Raise with the result
that GREA will not have sufficient capital to continue with its proposed
development of the industrial and diplomatic housing assets, thereby
reducing Grit's ability to generate fee income in the future.
8. General Meeting
The General Meeting has been convened for 1.00p.m. (MUT) / 9.00 a.m./p.m.
(GMT) on 16 February 2024.
Resolution 1 which will be proposed as an ordinary resolution, will, if
passed, approve the Bora Investment on the terms set out in the Bora
Subscription and Loan Agreement.
Resolution 2 which will be proposed as an ordinary resolution, will, if
passed, approve the DH Disposal on the terms set out in the DH Share
Purchase Agreement.
As stated above, the Resolutions are not inter-conditional.
An ordinary resolution requires a simple majority of members entitled to
vote and present in person or by proxy to vote in favour of it in order
for it to be passed.
Subject to the undertakings from the Related Parties referred to in
paragraph 5 above, all Shareholders are entitled to attend and vote at the
General Meeting. In accordance with the Articles, all Shareholders present
in person or by proxy shall upon a show of hands have one vote and upon a
poll shall have one vote in respect of each Ordinary Share held. In order
to ensure that a quorum is present at the General Meeting, it is necessary
for one Shareholder holding five per cent. or more of the voting rights
available at the General Meeting to be present, whether in person or by
proxy (or, if a corporation, by a representative).
By Order of the Board
29 January 2023
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer +230 269 7090
Darren Veenhuis, Investor Relations +44 779 512 3402
Cavendish Capital Markets Limited – UK Financial Adviser
James King/Teddy Whiley (Corporate Finance) +44 20 7220 0500
Justin Zawoda-Martin / Daniel Balabanoff / Pauline Tribe +44 20 3772 4697
(Sales)
Perigeum Capital Ltd – SEM Authorised Representative and
Sponsor
Shamin A. Sookia +230 402 0894
Kesaven Moothoosamy +230 402 0898
Capital Markets Brokers Ltd – Mauritian Sponsoring Broker
Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African woman led
real estate company focused on investing in, developing and actively
managing a diversified portfolio of assets in carefully selected African
countries (excluding South Africa). These high-quality assets are
underpinned by predominantly US$ and Euro denominated long-term leases
with a wide range of blue-chip multi-national tenant covenants across a
diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable income for
shareholders, with the potential for income and capital growth.
The Company holds its primary listing on the Main Market of the London
Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on
the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at 1 http://grit.group.
Directors: Peter Todd (Chairman), Bronwyn Knight (Chief Executive
Officer)*, Leon van de Moortele (Chief Financial Officer)*, David Love+,
Catherine McIlraith+, Jonathan Crichton+, Cross Kgosidiile, Nigel Nunoo+
and Lynette Finlay+.
(* Executive Director) (+ independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: PO Box 186, Royal Chambers, St Julian's Avenue, St
Peter Port, Guernsey GY1 4HP
Registrar and transfer agent (Mauritius): Intercontinental Secretarial
Services Limited
UK Transfer secretary: Link Market Services Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
Mauritian sponsoring broker: Capital Markets Brokers Ltd
This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rules
15.24 and the Mauritian Securities Act 2005. The Board of the Company
accepts full responsibility for the accuracy of the information contained
in this communiqué.
══════════════════════════════════════════════════════════════════════════
Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
ISIN: GG00BMDHST63
Category Code: DIS
TIDM: GR1T
LEI Code: 21380084LCGHJRS8CN05
Sequence No.: 300352
EQS News ID: 1825249
End of Announcement EQS News Service
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