IBI LION SOCIMI to start trading on BME Growth on 28 June

  • Jun 24, 2022

IBI LION SOCIMI to start trading on BME Growth on 28 June

  • It will become the first REIT and the fifth company to join this BME market in 2022

The Board of Directors of BME Growth has approved the listing of IBI LION SOCIMI, after it received the favourable assessment report on its listing from the Coordination and Admission Committee.

IBI LION SOCIMI is the first REIT and the fifth company to join this BME market en 2022. It will start trading on Tuesday, 28 June.

The company's Board of Directors has set a reference value for each of its shares of 1 euro, giving a total valuation of the company of 28 million euros.

The company's trading code will be "YIBI". The company's Registered Advisor is Renta 4 Corporte, while Renta 4 Banco will act as Liquidity Provider.

IBI LION SOCIMI invests in high quality logistics, retail and office real estate, located in Spain's major cities, that generates sustainable income and at the same time long-term profitability. IBI LION's investment strategy specifically focuses on seeking investment opportunities in core and core plus assets offering triple net or double net leases.

The Informative Document on IBI LIONcan be found on BME Growth’s website (https://www.bmegrowth.es/ing/Home.aspx) and contains all the relevant information on the company and its business.