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HNA Becomes Advero’s Largest Shareholder Following the Socimi’s Capital Increase

The insurance company's stake will amount to 18.9% and so it will join the Socimi's Board of Directors.

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The insurance company Hermandad Nacional de Arquitectos (HNA) is going to become the main shareholder of the Socimi Advero Properties with a stake of 18.9%.

The Socimi carried out a capital increase amounting to 10 million euros at the end of 2020. The Shareholders have authorised the company to undertake a second capital increase in 2022 amounting to 679,576 new shares with a nominal value of 5.00 euros per share and a share premium of between 4.30 euros and 7.00 euros per share. This increase will take place during the first quarter of 2022.

Read the full article in Spanish.

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