Identification

Symbol
BANI
ISIN code
BE0003870871
Trading location
Brussels
ICB
Real Estate Holding&Development
Website address
http://www.banimmo.be
Issuer website
http://www.banimmo.be

Operation

IPO date
Di. 26/06/2007
IPO price
21 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

Nb of securities to be listed: 10,006,000 Initial reference price: will be the subscription price that will be published in the financial press on 26-06-2007. Thresholds of listing: As provided in the ETA Nr 2004-433 dated 20/09/2002, the static price range will be set at +/-20% around the reference price. If the price is outside the static price range the stock will be reserved during 15 minutes. The new reference price used will be the treshold (up or down) reached previously. The static price range will be set at +/-10% of this new reference price. This procedure will be repeated until an opening price will be established. At the opening of the security, the opening price will be the new reference price with a static price range of +/-10% and a dynamic price range of +/-5%. Usual trading rules in term of thresholds and of reservation period will be applied. Listing of the VVPR strips issued by BANIMMO Euronext Brussels announces that, from 26/06/2007, the VVPR strips described below issued by BANIMMO will be listed on Eurolist by Euronext. (i.e. notice for details)

Operation description

Euronext Brussels announces that, as from 26/06/2007, the ordinary shares of class A and VVPR Strips described below issued by Banimmo will be listed on Eurolist by Euronext:

- a maximum of 55 million EUR new ordinary shares of class A with VVPR Strip, qualifying for dividend as from 01.01.2007, that are offered in public subscription as from 14-06-2007 up to and including 22-06-2007 4pm. These shares will be mentioned in the official price list under the name Banimmo with the mention WI until 29/06/2007 included (When Issued: cf infra).

- a maximum of 15% new ordinary shares of class A following the over-allotment option, qualifying for dividend as from 01.01.2007.

- 7,614,728 existing ordinary shares of class A of the company Banimmo, qualifying for dividend as from 01.01.2007.

When Issued: according to the terms of the offering described in the prospectus, investors have to be aware that the offered shares must be delivered on 29/06/2007. Euronext Brussels has indicated that it will cancel all transactions realized on the regulated market Eurolist by Euronext Brussels if the offered shares are not delivered on 29/06/2007. The attention of the public is drawn upon the fact that, from the first listing of the shares on the regulated market Eurolist by Euronext Brussels and until 29/06/2007, it has to take into account the eventuality as described above for every operation that it intends to realise through Euronext or over the counter.

Operation calendar

26/06/2007: Listing of the ordinary shares of class A issued by BANIMMO on Eurolist by Euronext.

Price range
20 euros - 23 euros
Broker to issue

BANK DEGROOF
ING BELGIUM