ICADE SANTE (EPA:ICSAA) ICADE SANTÉ - ACQUISITION OF A MINORITY INTEREST IN ITS OWN SHARE CAPITAL

Transparency directive : regulatory news

07/09/2020 19:07

PRESS RELEASE
Paris, September 7, 2020, 6:30 p.m.

ICADE SANTÉ: ACQUISITION OF A MINORITY INTEREST IN ITS OWN SHARE CAPITAL

Icade Santé has today acquired the shares held by one of its minority
shareholders representing 2.51% of its own capital. These shares were
immediately cancelled as part of a reduction of Icade Santé's share capital.

This transaction has increased Icade's exposure to the healthcare asset class,
with its ownership interest in Icade Santé now standing at 58.3% vs. 56.8%
earlier.

Icade Santé is now 58.3% owned by Icade, with the remaining 41.7% held by its
minority shareholders.

ABOUT ICADE

Building for every future

As an investor and a developer, Icade is an integrated real estate player that
designs innovative real estate products and services adapted to new urban
lifestyles and habits. By placing corporate social responsibility and
innovation at the core of its strategy, Icade is closely involved with
stakeholders and users in the cities-local authorities and communities,
companies and employees, institutions and associations... As an office and
healthcare property investor (portfolio value of EUR11.6bn as of 06/30/2020 on
a proportionate consolidation basis) and as a property developer (2019 economic
revenues of nearly EUR1bn), Icade has been able to reinvent the real estate
business and foster the emergence of tomorrow's greener, smarter and more
responsible cities. Icade is a significant player in the Greater Paris area and
major French cities. Icade is listed on Euronext Paris as a French Listed Real
Estate Investment Company (société d'investissement immobilier cotée, SIIC).
Its leading shareholder is the Caisse des dépôts Group.

ABOUT ICADE SANTÉ

With a portfolio worth EUR5.0 billion (on a full consolidation basis) as of
June 30, 2020, Icade Santé is the leading healthcare property investor in
France. A 58.3% owned subsidiary of the Icade Group, Icade Santé draws on its
proven expertise, its long-term shareholders as well as its extensive knowledge
of the real estate value chain. Since 2017, Icade Santé has pursued a strategy
of diversification into the nursing home segment.

The text of this press release is available on the Icade website: www.icade.fr
and on the Icade Santé website: https://icade-sante.fr

CONTACTS

Anne-Sophie Lanaute
Head of Financial Communication and Investor Relations
+33(0)1 41 57 70 29
anne-sophie.lanaute@icade.fr

Charlotte Pajaud-Blanchard
Press Relations Manager
+33 (0)1 41 57 71 19
charlotte.pajaud-blanchard@icade.fr

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ICADE SANTE (EPA:ICSAA) ICADE SANTÉ - ACQUISITION OF A MINORITY INTEREST IN ITS OWN SHARE CAPITAL

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