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Klepierre SA (LOIM.PA)

LOIM.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Klépierre Places 600 Million Euro 11-Year Bond
Monday, 24 Jun 2019 

June 24 (Reuters) - KLEPIERRE SA ::REG-KLÉPIERRE: KLÉPIERRE PLACES €600 MILLION 11-YEAR BOND AT A 0.625% COUPON.NET PROCEEDS WILL BE USED TO REIMBURSE DEBT FALLING DUE IN 2019 AND 2020.BNP PARIBAS, NATIXIS (B&D), NATWEST MARKET, SANTANDER, SOCIÉTÉ GÉNÉRALE AND SMBC NIKKO ACTED AS JOINT BOOKRUNNERS FOR NEW ISSUE.NOTES SUBSCRIBED 2.8 TIMES.BOND MATURING ON 1 JULY 2030.  Full Article

Cancellation Of Klepierre Shares
Friday, 21 Jun 2019 

June 21 (Reuters) - KLEPIERRE SA ::REG-KLÉPIERRE: CANCELLATION OF KLEPIERRE SHARES.CANCELLATION OF 2,828,962 KLEPIERRE SHARES ACQUIRED BETWEEN JULY 3, 2017, AND JULY 25, 2017, AS PART OF SHARE BUYBACK PROGRAM INITIATED IN MARCH 2017.  Full Article

Klépierre Q1 Revenue Down At 330.7 Million Euros
Thursday, 18 Apr 2019 

April 18 (Reuters) - KLEPIERRE SA ::REG-KLÉPIERRE: BUSINESS REVIEW FOR THE FIRST QUARTER OF 2019.SHOPPING CENTERS NET RENTAL INCOME OF EUR 265.2 MILLION, +1.6% AND +3.0% ON A LIKE-FOR-LIKE BASIS.2019 OUTLOOK CONFIRMED.Q1 TOTAL GROSS RENTAL INCOME EUR 311.2 MILLION VERSUS EUR 310.0 MILLION YEAR AGO.AS OF MARCH 31, 2019, KLÉPIERRE'S CONSOLIDATED NET DEBT AMOUNTED TO EUR 9.1 BILLION, AN INCREASE OF APPROXIMATELY EUR 250 MILLION FROM LEVEL AT DECEMBER 31, 2018.I AM CONFIDENT IN OUR CAPACITY TO KEEP OUTPERFORMING THE MARKET - CHAIRMAN.Q1 REVENUE EUR 330.7 MLN VS EUR 331.5 MLN YEAR AGO.  Full Article

Carmila Buys Shopping Center And Portfolio Of 8 Mid-Size Stores In Spain
Friday, 4 Jan 2019 

Jan 4 (Reuters) - CARMILA SA ::CARMILA STRENGHTENS ITS BUSINESS IN SPAIN, ITS STRONGEST GROWING BUSINESS MARKET, BY BUYING A LEADING SHOPPING CENTER AND A PORTFOLIO OF 8 MID-SIZE STORES FOR A TOTAL INVESTMENT OF € 25.7 MILLION.CARMILA SOLD TO KLÉPIERRE MID-SIZE STORE LOTS IN "LE GRU" SHOPPING CENTER IN TORINO-GRUGLIASCO (ITALY) FOR A NET AMOUNT OF EUR 16.3 MILLION.2 OTHER SPANISH SITES WILL BE ACQUIRED IN SECOND HALF OF 2019..  Full Article

Klepierre H1 Net Current Cash Flow Per Share +7.8% Versus Year Ago
Thursday, 26 Jul 2018 

July 26 (Reuters) - KLEPIERRE SA ::H1 NET CURRENT CASH FLOW PER SHARE +7.8% VERSUS. FIRST HALF 2017 AT EUR 1.31.H1 SHOPPING CENTER NET RENTAL INCOME +3.2% LIKE-FOR-LIKE, OUTPERFORMING INDEXATION BY 200 BPS.H1 RETAILER SALES +1.4% LIKE-FOR-LIKE.H1 COST OF DEBT FURTHER REDUCED BY 30 BPS VERSUS. JUNE 30, 2017 TO 1.6%.H1 PROPERTY PORTFOLIO VALUED AT EUR 24.6BN, +2.9% LIKE-FOR-LIKE OVER 12 MONTHS.H1 EPRA NET ASSET VALUE AT EUR 39.50, +6.8% OVER 12 MONTHS.DISPOSALS SINCE JANUARY 1, 2018 TOTALING EUR 316.5 MILLION.SUCCESS FOR NEW PRADO MALL (MARSEILLE) OPENED END MARCH.INITIAL CASH-FLOW GUIDANCE FOR FULL-YEAR 2018 RAISED TO AT LEAST EUR 2.62 PER SHARE FROM EUR 2.57–EUR 2.62.WE ARE RAISING OUR FULL-YEAR GUIDANCE FOR 2018 AND ARE CONFIDENT IN OUR ABILITY TO SUSTAIN GROWTH IN THE YEARS TO COME - CEO.KLÉPIERRE EXPECTS TO MAINTAIN A SUSTAINED LEVEL OF RENTAL GROWTH DURING THE SECOND HALF OF THE YEAR.  Full Article

Klepierre Q1 Total Gross Rental Income Up At EUR 310.0 Million
Thursday, 26 Apr 2018 

April 26 (Reuters) - KLEPIERRE SA ::Q1 TOTAL GROSS RENTAL INCOME EUR 310.0 MILLION VERSUS EUR 300.4 MILLION YEAR AGO.Q1 REVENUE EUR 331.5 ‍​ MILLION VERSUS EUR 320.6 MILLION YEAR AGO.CONFIRMS OUTLOOK FOR 2018.  Full Article

Hammerson Says Klepierre's Revised Bid "Very Significantly" Undervalues Company
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Hammerson Plc ::STATEMENT RE REVISED PROPOSAL FROM KLÉPIERRE S.A..RECEIVED A REVISED PROPOSAL FROM KLÉPIERRE RELATING TO A POSSIBLE ACQUISITION OF ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.REVISED PROPOSAL IS 635 PENCE PER HAMMERSON SHARE, COMPRISING 50% IN NEW KLÉPIERRE SHARES AND 50% IN CASH..BOARD REMAINS OPEN TO DISCUSS ANY PROPOSAL FROM KLÉPIERRE WHICH PROPERLY REFLECTS VALUE OF COMPANY.PROPOSAL AT 635P, IS ONLY A 3% INCREASE ON PREVIOUS PROPOSAL AND CONTINUES VERY SIGNIFICANTLY TO UNDERVALUE COMPANY.THERE CAN BE NO CERTAINTY OF A FIRM OFFER FOR HAMMERSON FROM KLÉPIERRE OR TERMS ON WHICH ANY FIRM OFFER MIGHT BE MADE.  Full Article

Hammerson Says ‍Klépierre Proposal "Very Significantly" Undervalues Hammerson​
Monday, 19 Mar 2018 

March 19 (Reuters) - Hammerson Plc ::STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A..‍STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A.​.‍REMAINS FULLY COMMITTED TO ACQUISITION OF INTU PROPERTIES PLC ANNOUNCED ON 6 DECEMBER 2017.‍CONFIRMS IT RECEIVED, REJECTED HIGHLY PRELIMINARY AND NON-BINDING PROPOSAL FROM KLÉPIERRE REGARDING POSSIBLE CASH, SHARE OFFER.HAMMERSON ‍BOARD STRONGLY ADVISES SHAREHOLDERS TO TAKE NO ACTION​.‍KLÉPIERRE PROPOSAL "VERY SIGNIFICANTLY" UNDERVALUES HAMMERSON​.  Full Article

Klépierre: Statement Regarding Hammerson PLC
Monday, 19 Mar 2018 

March 19 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE : STATEMENT REGARDING HAMMERSON PLC ("HAMMERSON").NOTES RECENT SPECULATION REGARDING A PROPOSAL MADE BY KLÉPIERRE TO HAMMERSON..CONFIRMS THAT ON 8 MARCH 2018, KLÉPIERRE MADE A PROPOSAL ON A NON-ADVERSARIAL BASIS TO BOARD OF HAMMERSON.INTENTION OF ENGAGING IN A CONSTRUCTIVE DIALOGUE REGARDING A POSSIBLE OFFER TO ACQUIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.INTENTION TO BUY AT VALUE OF 615 PENCE PER HAMMERSON ORDINARY SHARE.PROPOSAL REPRESENTS A PREMIUM OF APPROXIMATELY 40.7% TO CLOSING PRICE OF 437.10 PENCE PER HAMMERSON ORDINARY SHARE ON 16 MARCH 2018.CONSIDERATION WOULD COMPRISE A COMBINATION OF CASH AND SHARES IN KLÉPIERRE..BOARD OF HAMMERSON REJECTED PROPOSAL IN LESS THAN 24 HOURS ON 9 MARCH 2018..  Full Article

Klepierre FY Total Revenue Rises To 1.32 Billion Euros
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - KLEPIERRE ::FY CURRENT NET CASH-FLOW PER SHARE EUR 2.48, UP 7.4 PERCENT YOY.FY TOTAL REVENUE EUR 1.32 BILLION VERSUS EUR 1.30 BILLION YEAR AGO.TO PAY A DIVIDEND OF EUR 1.96 PER SHARE FOR 2017.FOR 2018 AIMS CURRENT NET CASH-FLOW PER SHARE IN BETWEEN EUR 2.57 AND EUR 2.62.  Full Article

UPDATE 1-Hammerson CFO Drakesmith resigns after eight years in role

May 21 British shopping centre operator Hammerson Plc said on Tuesday its chief financial officer, Timon Drakesmith, had resigned after eight years in the role.