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

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.  

Alexandra Niehe

Head of corporate communications

Thomas Van Rompuy

Senior Executive Advisor - media relations, economics, Bank Degroof Petercam

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. Being privately owned by family shareholders driven by long-term commitment, we are independent by structure and by nature. We create responsible prosperity for all by opening doors to opportunities and accompanying our private, corporate and institutional clients with expertise. 

Clients in over 20 countries trust us for our convictions and for our distinctive combination of services in private banking, asset management, investment banking (corporate finance and global markets) and asset services. 

Total client assets (under management, under administration and in custody) amount to 86 billion euros (on 31.12.2021). More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy and Hong Kong.

Degroof Petercam
Trust. Knowledge.