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Eurocastle Investment Ltd (ECT.AS)

ECT.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eurocastle Investment ‍announces tender offer for 84 million euros of ordinary shares
2:00am EDT 

Oct 19 (Reuters) - EUROCASTLE INVESTMENT LTD :‍ANNOUNCES TENDER OFFER FOR REPURCHASE OF UP TO EUR 84 MILLION OF ORDINARY SHARES IN CO​.‍FIXED PRICE OF EUR 10.00 PER ORDINARY SHARE​.‍TENDER OFFER WILL REMAIN OPEN UNTIL 11.59 P.M. (ET) ON 16 NOV. 2017​.  Full Article

Eurocastle Investment says manager exercises 5.5 million options
Monday, 14 Aug 2017 11:54am EDT 

Aug 14 (Reuters) - EUROCASTLE INVESTMENT LTD ::REG-EUROCASTLE INVESTMENT LIMITED : EUROCASTLE ANNOUNCES EXERCISE OF OPTIONS BY ITS MANAGER.ITS MANAGER, FIG LLC, HAS EXERCISED ALL 5.5 MILLION OPTIONS IT HELD IN EUROCASTLE.OPTIONS WERE EXERCISED ON A NET SETTLEMENT BASIS, BASED ON CLOSING PRICE OF EUR 9.40 PER SHARE AS AT AUGUST 10.COMPANY'S ISSUED SHARE CAPITAL NOW CONSISTS OF 61.1 MLN ORDINARY SHARES WITH VOTING RIGHTS.  Full Article

Eurocastle buys Italian performing and sub-performing loan portfolio
Friday, 11 Aug 2017 04:00am EDT 

Aug 11 (Reuters) - EUROCASTLE INVESTMENT LTD ::REG-EUROCASTLE INVESTMENT LIMITED: EUROCASTLE ANNOUNCES ACQUISITION OF ITALIAN PERFORMING AND SUB-PERFORMING LOAN PORTFOLIO.CLOSED ON ACQUISITION OF PORTFOLIO OF ITALIAN PERFORMING AND SUB-PERFORMING LOANS WITH A GROSS BOOK VALUE OF ABOUT EUR 234 MILLION.EXPECTS TO INVEST BETWEEN EUR 10 AND EUR 20 MILLION, AFTER FINANCING, TO BE FUNDED IN Q4 2017.  Full Article

Eurocastle Investment says ‍Q2 normalized FFO of 9.1 million euros
Friday, 4 Aug 2017 02:00am EDT 

Aug 4 (Reuters) - EUROCASTLE INVESTMENT LTD ::‍NORMALISED FFO OF EUR 9.1 MILLION, OR EUR 0.15 PER SHARE, FOR Q2 OF 2017​.Q2 2017 DIVIDEND OF EUR 0.41 PER SHARE DECLARED ON 3 AUGUST 2017.Q2 ADJUSTED NET ASSET VALUE OF EUR 630.6 MILLION, OR EUR 10.49 PER SHARE, REPRESENTING AN INCREASE OF EUR 1.36 PER SHARE (14.9%) OVER Q1.  Full Article

Italy's doBank to close IPO ahead of time, start trading on July 14
Friday, 7 Jul 2017 02:42am EDT 

July 7 (Reuters) - Italian bad loan manager doBank says::will close IPO offer period ahead of time, on July 12 at 11 CET.its shares will start trading on Milan bourse on July 14.  Full Article

Eurocastle Investment announces IPO of doBank
Thursday, 29 Jun 2017 02:00am EDT 

June 29 (Reuters) - EUROCASTLE INVESTMENT LTD ::REG-EUROCASTLE INVESTMENT LIMITED : EUROCASTLE ANNOUNCES INITIAL PUBLIC OFFERING OF DOBANK AND KEY TERMS.UP TO AN INITIAL 28,500,000 SHARES, CORRESPONDING TO 35.63% OF DOBANK'S FULLY DILUTED SHARE CAPITAL ARE TO BE INCLUDED IN OFFERING.OPTION TO INCREASE THIS TO UP TO 34,700,000 DOBANK SHARES, CORRESPONDING TO 43.38% OF DOBANK'S FULLY DILUTED SHARE CAPITAL.IN EVENT GREENSHOE OPTION IS FULLY EXERCISED, SHARES TO BE OFFERED WILL CORRESPOND TO 39.19% OF DOBANK'S FULLY DILUTED SHARE CAPITAL.INDICATIVE RANGE OF EURO 8.35 PER SHARE AND EURO 10.25 PER SHARE FOR DOBANK IPO.BOOKS FOR INSTITUTIONAL OFFER WILL OPEN ON JUNE 30, 2017..  Full Article

Italian bad loan manager doBank says filed for Milan bourse listing
Wednesday, 14 Jun 2017 01:34am EDT 

June 14 (Reuters) - Italian bad loan manager DoBank says::Has filed application to list shares on Milan bourse.Expects to complete transaction by the end of July.Shares to be offered in IPO will be sold by 97.81 percent shareholder Avio, which is indirectly controlled by Fortress Investment Group and Eurocastle Investment Limited.  Full Article

Eurocastle Investment reports Q1 adjusted net profit of 7.1 million euros
Thursday, 18 May 2017 02:00am EDT 

May 18 (Reuters) - EUROCASTLE INVESTMENT LTD ::Q1 TOTAL OPERATING INCOME EUR 15.8 MILLION.Q1 ADJUSTED NET PROFIT EUR 7.1 MILLION.Q1 NORMALISED FFO EUR 26.0 MILLION.Q1 ADJUSTED NAV3 EUR 548.9 MILLION.  Full Article

Eurocastle Investment FY normalised FFO at 46.0 million euros
Thursday, 16 Mar 2017 03:00am EDT 

Eurocastle Investment Ltd : Normalised FFO([1])of 46.0 million euros ($49.35 million) or 0.70 euros per share([2]) for full year . Annual dividend of 33.1 million euros, or 0.525 euros per share reflecting increased Q4 dividend of 0.15 euros per share . In addition, board of directors has declared a Q1 2017 dividend of 0.15 euros/share . FY adjusted net asset value[5] of 550.6 million euros, or 9.16 euros per share2, an increase of 1.81 euros per share (25 pct) over the year .FY net profit after taxation of 131.4 million euros or 1.99 euros per share.  Full Article

Eurocastle Investment sells real estate fund units
Friday, 17 Feb 2017 02:00am EST 

Eurocastle Investment Ltd : Reg-Eurocastle Investment limited: Eurocastle announces sale of real estate fund units . Has sold its 27 pct interest in units of Fund Investment III, an unlisted Italian real estate fund. .Transaction, together with other distributions, has resulted in total estimated proceeds of 20.9 million euros ($22.30 million).  Full Article

BRIEF-Eurocastle Investment ‍announces tender offer for 84 million euros of ordinary shares

* ‍ANNOUNCES TENDER OFFER FOR REPURCHASE OF UP TO EUR 84 MILLION OF ORDINARY SHARES IN CO​