- It is the 6th company to list on this BME Market in 2020
- The company will have a value of 57.2 million euros on its market debut
The Board of Directors of the Market has approved the listing of ALL IRON RE I SOCIMI, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by BME Growth’s Coordination and Admission Committee.
The company, the 6th to list on BME Growth in 2020, is scheduled to start trading on 9 September 2020.
The reference value set by the company’s Board of Directors for each of the shares is 10 euros, which brings its overall valuation to 57.2 million euros.
The company’s ticker symbol will be “YAI1”. VGM ADVISORY PARTNERS is the Registered Adviser while BANCO SANTANDER will act as Liquidity Provider.
ALL IRON RE I SOCIMI is concerned with the acquisition of properties for urban accommodation as an alternative to the traditional hotel models. The company acquires, rehabilitates and subsequently rents out the properties to an operator for short to medium term stays.
The Informative Document on ALL IRON RE I SOCIMI can 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.