Homburg Invest applies for admission for listing and trading of Homburg Capital Securities A
(Thomson Reuters ONE) -
Shares issued: Class A - 17,048,189 Class B - 3,112,838
HALIFAX, Nova Scotia. January 28, 2011-(TSX: HII.A & HII.B and NYSE Euronext
Amsterdam: HII)-Richard Homburg, Chairman and Chief Executive Officer of Homburg
Invest Inc. ("Homburg Invest" or the "Company"), announced today that Homburg
Invest has applied for admission for trading of Homburg Capital Securities A on
NYSE Euronext Amsterdam ("Euronext"). No certainty can be given that the
application for admission for the listing and trading of the Homburg Capital
Security A will be granted.
In relation to the application, Homburg Invest is in the process of preparing a
prospectus that is being reviewed by the Netherlands Authority for the Financial
Markets ("AFM" - stichting Autoriteit Financiële Markten). Homburg Invest Inc.
expects the trading to begin by the end of April 2011 at the latest, from which
time the Homburg Capital Securities A will, in principle, be traded daily.
The Homburg Capital Securities A were issued pursuant to a prospectus dated
February 25, 2009, which was subsequently complemented with a supplemental
prospectus dated May 5 2009, both as approved by the AFM. The issue was for
26,766 Homburg Capital Securities A with a denomination of ?1,000 each, for a
subscription amount of ?26,766,000. Holders of the Homburg Capital Securities A
will be informed individually about the book-entry procedure for their
securities.
About Homburg Invest
Homburg Invest Inc. owns and develops a diversified portfolio of quality
commercial real estate including office, retail, industrial and development
properties throughout Europe and the United States, as well as 33.7% of the
units of Homburg Canada Real Estate Investment Trust. The head office of the
Company is located in Halifax, Nova Scotia.
Forward-looking Statements
This news release may contain statements which by their nature are forward-
looking and express the Company's beliefs, expectations or intentions regarding
future performance, future events or trends. Forward looking statements are made
by the Company in good faith, given management's expectations or intentions,
which are subject to market conditions, acquisitions, occupancy rates, capital
requirements, sources of funds, expense levels, operating performance and other
matters. Therefore, forward-looking statements contain assumptions which are
subject to various factors including: unknown risks and uncertainties; general
economic conditions; local market factors; performance of other third parties;
environmental concerns; and interest rates, any of which may cause actual
results to differ from the Company's good faith beliefs, expectations or
intentions which have been expressed in or may be implied from this news
release. Forward-looking statements are not guarantees of future performance and
are subject to known and unknown risks. Information and statements in this
document, other than historical information, should be considered forward-
looking and reflect management's current views of future events and financial
performance that involve a number of risks and uncertainties. Factors that could
cause actual results to differ materially include, but are not limited to, the
following: general economic conditions and developments within the real estate
industry, competition and the management of growth. The Toronto Stock Exchange
has neither approved nor disapproved the information contained herein.
-30-
For further information, please contact:
Mr. Richard Homburg
Chairman and CEO
Homburg Invest Inc.
902-468-3395
or
J. Richard Stolle
President and COO
Homburg Invest Inc.
31-20-573-3855
PDF version of the press release:
http://hugin.info/138798/R/1483641/418840.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Homburg Invest Inc. via Thomson Reuters ONE
[HUG#1483641]
Unternehmensinformation / Kurzprofil:
Datum: 31.01.2011 - 10:02 Uhr
Sprache: Deutsch
News-ID 50869
Anzahl Zeichen: 4931
contact information:
Town:
Halifax
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"Homburg Invest applies for admission for listing and trading of Homburg Capital Securities A"
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Homburg Invest Inc. (Nachricht senden)
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