Wereldhave succesfully completes it's €550 million rights issue

Wereldhave N.V. (“Wereldhave” or the “Company”) successfully completed its € 550 million rights issue today.
The number of Wereldhave ordinary shares outstanding now equals 35,020,921.

Many of our existing shareholders decided to exercise their rights and invest further in the company. This is a great sign of faith in our strategy going forward, for which I would like to thank them. Now that we can close the deal vis-à-vis the acquisition of the six shopping centres in France, we will focus on building our French retail organization, in order to stabilize net rental income in 2015 in France” said Dirk Anbeek, CEO of Wereldhave.

Wereldhave intends to use the net proceeds of the rights issue to partly finance the acquisition of six operational shopping centers in France from Unibail-Rodamco for the amount of € 850 million (the “Acquisition”). The closing of the Acquisition is expected to occur later this month.
J.P. Morgan and Kempen & Co acted as Joint Global Coordinators in the rights issue and alongside ABN AMROand ING as Joint Bookrunners.

As a result of the rights issue of €550 million, the conversion prices of the convertible bonds issued by Wereldhave N.V. have been adjusted effective 2 December 2014, pursuant to article 5.4 of the respective terms and conditions:

• The Conversion Price of the 1.00 per cent. Convertible Bonds due 2019, issued by Wereldhave N.V., ISIN XS1069846381 has been reduced from €75.474 to €67.147
• The Conversion Price of the 2.875 per cent. Convertible Bonds due 2015, issued by Wereldhave N.V., ISIN XS0550864192 has been reduced from €81.10 to €71.7816

WERELDHAVE ANNOUNCES THE PRICING OF ITS RUMP OFFERING AT € 52.75 PER NEW SHARE

11 DEC 2014 - 18:00

Wereldhave N.V. (“Wereldhave” or the “Company”) announces, in connection with its € 550 million rights issue (the “Offering”) of 13,341,303 new ordinary shares with a nominal value of € 1.00 each (the “Offer Shares”), the successful placement and pricing of the Offer Shares that have not been validly subscribed for during the exercise period that ended on 11 December at 12.00 hours Central European Time (“CET”) (the “Rump Shares”). Reference is made to the press release regarding the take up of 94.56% of the aggregate Offer Shares offered in the Offering and the offering of the Rump Shares (the “Rump Offering”).

726,175 Rump Shares were sold in the Rump Offering by way of private placements to institutional investors in the Netherlands and certain other jurisdictions at a price of € 52.75 per Rump Share. J.P. Morgan and Kempen & Co acted as Joint Global Coordinators and Joint Bookrunners on behalf of the syndicate of banks that led the Offering.

WERELDHAVE ANNOUNCES A TAKE UP OF 94.56% OF ITS € 550 MILLION RIGHTS ISSUE

11 DEC 2014 - 15.30

• Exercise period ended today, 11 December 2014, at 12.00 hours (CET)
• 12,615,128 new ordinary shares subscribed through the exercise of Rights in the Offering, representing a take up of 94.56%
• Rump Offering of 726,175 new ordinary shares to start today

Wereldhave N.V. ("Wereldhave" or the "Company") announces that, in connection with its € 550 million rights issue (the "Offering") of 13,341,303 new ordinary shares with a nominal value of € 1.00 each (the "Offer Shares") at an issue price of € 41.23 per Offer Share (the "Issue Price"), it has received subscriptions for 12,615,128 Offer Shares through the valid exercise of transferable subscription entitlements ("Rights") by eligible persons. This represents a take up of 94.56% of the Offer Shares offered in the Offering. The exercise period for the Rights ended today, 11 December 2014, at 12.00 hours Central European Time ("CET") (the "Exercise Period").

Results Rump Offering
Subscription results Right Issue Wereldhave
Completion Rights Offering