Sponda Plc sells all its Wereldhave shares

Sponda Plc has sold 1.935.000 shares in Wereldhave N.V. for approximately EUR 104 million in two tranches during April.

Of those, 325.000 shares were placed by ANB AMRO Rotschild and 1.610.000 by Dexia Securities. The shares were placed with institutional investors worldwide.

Sponda obtained 1.935.000 Wereldhave shares on 19 January 2002 in conjunction with the sale of the Itäkeskus Shopping Mall to Wereldhave, and received a dividend on these shares of approximately EUR 8 million on 9 April 2002.

(source: Wereldhave)

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