Vbare Iberian Properties Socimi S A announced a private placement of 14,291 shares at €12.28401282 per share for gross proceeds of €175,551 on July 20, 2016. The shares will be issued at a premium of €7.28401282. The transaction will include participation from the shareholders of the company, who will exercise their preferential subscription rights at a ratio of 111.14 rights for each new share within the period of one month from the publication of this announcement in the Boletín Oficial del Registro Mercantil. The transaction has been approved by the board of directors of the company.