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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.

advero

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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