DGAP-News
Aroundtown Property Holdings Plc. : ANNOUNCES LISTING ON THE EURONEXT STOCK EXCHANGE (PARIS, SEGMENT ALTERNEXT)
Aroundtown Property Holdings Plc. / Key word(s): Miscellaneous/Real Estate
05.10.2015 16:37
Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN,
SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF APPLICABLE LAWS OR REGULATIONS
AROUNDTOWN PROPERTY HOLDINGS PLC
ANNOUNCES LISTING ON THE EURONEXT STOCK EXCHANGE (PARIS, SEGMENT ALTERNEXT)
October 05, 2015 - Aroundtown Property Holdings PLC (the "Company, "AT")
announces today its listing on the Euronext stock exchange (Paris, market
segment Alternext). First day of trading is planned for October 8th 2015.
The up-listing from the current market segment will enhance the visibility
and access for investors and will enable continuous daily trading on the
Euronext trading platform.
Andrew Wallis, Vice Chairman of the Advisory Board: "Euronext proved in
many instances to be a valuable partner and an ideal trading platform which
benefits our diverse international investor base. We are very pleased about
this next step which fits to the Company's strategy to list on a continuous
trading platform. And thus we are certain that this step will create more
trading liquidity."
About the Company
Aroundtown Property Holdings PLC is a specialist real estate company
focused on investing in and managing, directly and indirectly, turnaround
opportunities in the real estate property market primarily in Germany. For
the 6 months ending 30 June 2015, the Company reported an adjusted EBITDA
of EUR61.1 million (YOY increase of 138%) and a net profit of EUR505.4
million (YOY increase of 213%). Total equity as of 30 June 2015 amounts to
EUR1.74 billion. The Company's adjusted EBITDA annualized run rate as of
October 2015 (Oct*12) amounts to EUR184 million. FFO I run rate for October
2015 annualized (Oct *12) is EUR 110 million.
Further information: www.aroundtownholdings.com
Aroundtown Property Holdings PLC (ISIN: CY0105562116) is a public limited
liability company incorporated under the laws of Cyprus, having its
registered office at 2 Faros Avenue Spyros Thalassines Alkyonides, 7560
Pervolia, Larnaca, Cyprus (registered number HE148223).
Contact:
Timothy Wright
T: +357-2442-7851
E: info@aroundtownholdings.com
www.aroundtownholdings.com
Disclaimer:
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION
OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN,
SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF APPLICABLE LAWS OR REGULATIONS
AROUNDTOWN PROPERTY HOLDINGS PLC
ANNOUNCES LISTING ON THE EURONEXT STOCK EXCHANGE (PARIS, SEGMENT ALTERNEXT)
October 05, 2015 - Aroundtown Property Holdings PLC (the "Company, "AT")
announces today its listing on the Euronext stock exchange (Paris, market
segment Alternext). First day of trading is planned for October 8th 2015.
The up-listing from the current market segment will enhance the visibility
and access for investors and will enable continuous daily trading on the
Euronext trading platform.
Andrew Wallis, Vice Chairman of the Advisory Board: "Euronext proved in
many instances to be a valuable partner and an ideal trading platform which
benefits our diverse international investor base. We are very pleased about
this next step which fits to the Company's strategy to list on a continuous
trading platform. And thus we are certain that this step will create more
trading liquidity."
About the Company
Aroundtown Property Holdings PLC is a specialist real estate company
focused on investing in and managing, directly and indirectly, turnaround
opportunities in the real estate property market primarily in Germany. For
the 6 months ending 30 June 2015, the Company reported an adjusted EBITDA
of EUR61.1 million (YOY increase of 138%) and a net profit of EUR505.4
million (YOY increase of 213%). Total equity as of 30 June 2015 amounts to
EUR1.74 billion. The Company's adjusted EBITDA annualized run rate as of
October 2015 (Oct*12) amounts to EUR184 million. FFO I run rate for October
2015 annualized (Oct *12) is EUR 110 million.
Further information: www.aroundtownholdings.com
Aroundtown Property Holdings PLC (ISIN: CY0105562116) is a public limited
liability company incorporated under the laws of Cyprus, having its
registered office at 2 Faros Avenue Spyros Thalassines Alkyonides, 7560
Pervolia, Larnaca, Cyprus (registered number HE148223).
Contact:
Timothy Wright
T: +357-2442-7851
E: info@aroundtownholdings.com
www.aroundtownholdings.com
Disclaimer:
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION