The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.07.2020 was 16.09 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate derivatives) as of 31.07.2020 was 17.14 euros. Both NAV and EPRA NAV increased by 0,8% during July. The Fund's consolidated sales revenue in July was the highest this year - a total of 860 thousand euros (June: 817 thousand euros) and EBITDA 699 thousand euros (June: 640 thousand euros). The increase in sales revenue and EBITDA is mainly related to the good results of Saules Miestas in recovering from the crisis, as well as the filling of vacancies in the Evolution office building. In July, temporary discounts continued on the DSV's logistics buildings and the Hortes Horticultural Centers, the negative impact of which on the fund's consolidated monthly rental income is 65 thousand euros. The fund will start earning the usual rental income from these properties from August and September of this year.The fund's consolidated cash balance decreased by 2.4 million euros in July, including dividend payments made in the total amount of 2.7 million euros. All loan grace period agreements concluded in the spring have been terminated by now and the fund pays annuity payments on loans as usual, but in July, due to the decrease in rental cash flow during the Covid-19 crisis, the fund's two Lithuanian subsidiaries' applications were accepted to partially cover loan interest expenses. The fund's interest expenses in July were therefore 75 thousand euros, ie 35 thousand euros lower than the usual 110 thousand euros.In August, the loan agreement of Saules Miestas UAB with Swedbank expires. The subsidiary has received a binding offer to extend the loan agreement and the agreement will be signed this week. The loan agreement is extended for the next three years at an interest rate of 2.65% + 3 months EURIBOR.As of 31.07.2020, the consolidated assets of EfTEN Real Estate Fund III AS were 135.0 million euros (31.12.2019: 132.8 million euros) and equity was 67.9 million euros (31.12.2019: 71.17 million euros). Marilin Hein CFO Phone: 6559 515 E-mail: marilin.hein@eften.ee
Participation notification by Blackrock Inc. Brussels, August 10, 2020, 08h30 CEST --- According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) recently sent to Solvay the following transparency notification indicating that it crossed the threshold of 3%. Here is a summary of the move:Date on which the threshold was crossedVoting rights after the transactionEquivalent financial instruments after the transactionTotal August 4, 20202.996%0.08%3.08% The notification, dated August 5, 2020, contains the following information: * Reason for the notification: acquisition or disposal of voting securities or voting rights * Notified by: BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) * Date on which the threshold is crossed: August 4, 2020 * Threshold of direct voting rights crossed: 3% downwards * Denominator: 105,876,416 * Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.Declarations by BlackRock Inc. are published in the Investor Relations Section of Solvay's website.Attachments * Solvay_2020-08-04_Issuer_signed * 20200810_transparency declaration Blackrock-ENG
As previously announced on 31 July 2020, the Supervisory Board approved a gross interim dividend of € 0.25 per share (ISIN BE0974320526). This represents a dividend of € 0.175 net of withholding tax.The interim dividend will be paid out on Tuesday 25 August 2020.The share will be traded ex coupon as from Friday 21 August 2020. The record date will be Monday 24 August 2020.The System Paying Agent designated for the payment of the 2020 interim dividend is:KBC Bank Havenlaan / Avenue du Port, 2 1080 BrusselsMore information can be found on: http://www.umicore.com/en/investors/share-information/dividend-information/ For more informationInvestor RelationsEva Behaeghe +32 2 227 70 68 eva.behaeghe@umicore.com