Gimv: E247m capital increase
(CercleFinance.com) - On Wednesday Belgian investment company Gimv announced the launch of a capital increase of up to E247m, aiming to accelerate its growth and double the size of its portfolio.
The Antwerp-based group explains that this strategy aims to make it more competitive in the European private equity segment, by acquiring stakes in companies with "exceptional" long-term value-creation potential.
These announcements - which had been eagerly awaited by investors since the company declared its intention to go public last November - were welcomed on Wednesday morning by the Brussels Stock Exchange, where Gimv shares gained over 3% in early trading.
WorxInvest, Gimv's reference shareholder since 2023 with more than 29.9% of the capital, has undertaken to participate in the fundraising on a pro rata basis of the shares it holds.
Under the terms of the offer, holders of preferential subscription rights (DPS) will be able to subscribe on the basis of one new share for every four DPS
The operation will open tomorrow, 22 January and close on 6 February.
At 31 December, Gimv had NAV - i.e. shareholders' equity - of some E1.64bn, up 3% on the previous NAV date of 30 June.
NAV was E57.3 per share, compared with E55.6 at end-September.
In comparison, the Gimv share is currently trading at around E41.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The Antwerp-based group explains that this strategy aims to make it more competitive in the European private equity segment, by acquiring stakes in companies with "exceptional" long-term value-creation potential.
These announcements - which had been eagerly awaited by investors since the company declared its intention to go public last November - were welcomed on Wednesday morning by the Brussels Stock Exchange, where Gimv shares gained over 3% in early trading.
WorxInvest, Gimv's reference shareholder since 2023 with more than 29.9% of the capital, has undertaken to participate in the fundraising on a pro rata basis of the shares it holds.
Under the terms of the offer, holders of preferential subscription rights (DPS) will be able to subscribe on the basis of one new share for every four DPS
The operation will open tomorrow, 22 January and close on 6 February.
At 31 December, Gimv had NAV - i.e. shareholders' equity - of some E1.64bn, up 3% on the previous NAV date of 30 June.
NAV was E57.3 per share, compared with E55.6 at end-September.
In comparison, the Gimv share is currently trading at around E41.
Copyright (c) 2025 CercleFinance.com. All rights reserved.