Link Securities | In connection with the completion of the private placement of new shares among institutional shareholders carried out in the context of the cash capital increase approved by the Board of Directors of Neinor Homes (HOME) on 23 October 2025, HOME reports that the increase has been closed on the following terms:
- The increase has been subscribed for the maximum effective amount of €140 million approved by the Board of Directors. Consequently, HOME will increase its share capital by a nominal amount of €45,746,976.60, through the issue and circulation of 8,900,190 shares, at an issue price of €15.73 per share.
- Of the 8,900,190 shares issued, 6,357,279 have been subscribed by Orion European Real Estate Fund V, SLP, and the remaining 2,542,911 by existing institutional shareholders of the company.
- The new shares represent 9.9% of HOME’s share capital prior to the increase and approximately 9.0% of the share capital after the increase.
HOME expects the public deed of execution of the increase to be executed on Monday, 27 October 2025, and to be filed for registration with the Vizcaya Mercantile Registry, also on 27 October 2025. In addition, HOME expects the new shares to be admitted to trading on the Spanish stock exchanges on 27 October 2025 and to begin trading the following day, 28 October 2025. Finally, the settlement of stock market transactions for the delivery of the new shares to end investors is expected to take place around 28 October 2025.
