- It is the 5th company to list on this BME Market in 2020
- The company will have a value of 21 million euros on its market debut
The Board of Directors of MAB, BME’s SME Growth Market, has approved the listing of DESARROLLOS ERMITA DEL SANTO SOCIMI, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.
The company, the 5th to list on MAB in 2020, is scheduled to start trading on 31st July 2020.
The reference value set by the company’s Board of Directors for each of the shares is 424 euros, which brings its overall valuation to 21 million euros.
The company’s ticker symbol will be “YDES”. VGM ADVISORY PARTNERS is the Registered Adviser while BANCO DE SABADELL will act as Liquidity Provider.
DESARROLLOS ERMITA DEL SANTO is a company incorporated in September 2018 with assets located in the shopping centre La Ermita, in Madrid, which it manages and markets through its Ibemetex Ermita subsidiary.
The Informative Document on DESARROLLOS ERMITA DEL SANTO SOCIMI can be found on MAB’s website (https://www.bolsasymercados.es/mab/ing/Home.aspx) and contains all the relevant information on the company and its business.