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Proximus Headquarters Nine-Month Call Option With Immobel Expires



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Aug 22 (Reuters) -Proximus NV PROX.BR:

  • PROXIMUS WILL ACTIVATE ALTERNATIVE SCENARIOS FOR ITS HEADQUARTERS AS IMMOBEL HAS NOT EXERCISED CALL OPTION TO ACQUIRE AND REDEVELOP PROXIMUS TOWERS

  • AS THE AGREED NINE-MONTH PERIOD HAS EXPIRED WITHOUT IMMOBEL EXERCISING THE CALL OPTION, PROXIMUS WILL NOT RECEIVE THE REMAINING PROCEEDS OF EUR 113 MILLION IN 2024

  • MAINTAINS FULL OWNERSHIP OF HEADQUARTER BUILDING

  • WILL START TO DISCUSS WITH INTERESTED PARTIES

Source text for Workspace: ID:nNDL7gxS6D

Further company coverage: PROX.BR


(Gdansk Newsroom)

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