Gazit Globe Completes Sale of 2.8 Million Shares of Regency Centers Corporation for Approximately USD 192 Million
(Thomson Reuters ONE) -
TEL-AVIV, Israel, March 03, 2017 (GLOBE NEWSWIRE) -- Gazit-Globe (NYSE:GZT)
(TSX:GZT) (TASE:GZT), a leading global real estate company focused on the
ownership, development and management of supermarket-anchored shopping centers
in major urban markets, announced today that it had sold 2.8 million shares of
Regency Centers Corporation (NYSE:REG) for gross proceeds of approximately USD
192 million. The shares were sold through a block trade to a financial
institution.
After the completion of the sale, Gazit Globe holds approximately 19.5 million
shares of REG, representing approximately 11.5% of the issued and outstanding
share capital of REG.
About Gazit-Globe
Gazit-Globe is a global owner, developer and operator of high quality necessity-
driven supermarket-anchored retail properties in urban markets. Gazit-Globe is
listed on the New York Stock Exchange (NYSE:GZT), the Toronto Stock Exchange
(TSX:GZT) and the Tel Aviv Stock Exchange (TASE:GZT) and is included in the TA-
35 index in Israel. As of September 30, 2016, Gazit-Globe owns and operates 427
properties in more than 20 countries, with a gross leasable area of
approximately 6.5 million square meters and a total value of approximately US$
22 billion.
FORWARD LOOKING STATEMENTS
This release may contain forward-looking statements within the meaning of
applicable securities laws. In the United States, these statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of known and unknown risks
and uncertainties, many of which are outside our control, that could cause our
future results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such forward-
looking statements. Important factors that could cause or contribute to such
differences include risks detailed in our public filings with the SEC and the
Canadian Securities Administrators. Except as required by applicable law, we
undertake no obligation to update any forward-looking or other statements
herein, whether as a result of new information, future events or otherwise.
FOR ADDITIONAL INFORMATION
Investors Contact: ir(at)gazitgroup.com, Media Contact: press(at)gazitgroup.com
Gazit-Globe Headquarters, Tel-Aviv, Israel, Tel: +972 3 6948000
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Gazit-Globe via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Mineral Hill Industries Ltd.: Non-Brokered Private PlacementDatum: 03.03.2017 - 17:06 Uhr
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