Successful capital increase of €76.7m by TINC by means of a public offering

Tuesday, December 20, 2016 — TINC Comm. VA (The Infrastructure Company) is listed since May 2015 at Euronext Brussels and is the only stock-listed infrastructure company of the Benelux. The public offering to subscribe, which started December 1st and lasted till close of business December 14th was based on a ratio of 1 new share for 2 preferential rights, at a price of €11.25 per share. 85% of the non-statutory preferential rights were converted. December 15th, the successful private placement of all scrips took place. Both transactions enabled TINC to achieve 100% of the envisaged EUR 76,704,547 capital increase.

The proceeds of this capital increase have been earmarked by TINC for additional investments in its core assets. These include public-private infrastructure investments such as the A-11 motorway in Flanders, the A-15 motorway in the Netherlands, the Dutch Princess Beatrix lock as well as renewable energy including Meewaun Wind Farm Limited, an Irish on-shore wind farm.

Bank Degroof Petercam acted as joint bookrunner of the transaction.

For more information, please refer to the press releases issued by TINC.