Investors

The Share

The share and share capital

As of 31 October 2016, the share capital of MERLIN Properties SOCIMI, S.A. amounted to € 469,770,750, represented by 469,770,750 fully subscribed and paid shares with a nominal value of 1 euro each, all of which are of the same class and confer the holders thereof the same rights. All the shares are quoted on the four national stock exchanges: Madrid, Barcelona, Bilbao and Valencia. The Company’s Reuters and Bloomberg code is MRL.MC and MRL:SM, respectively.

Share capital evolution

Date Transaction # shares after transaction
25 March 2014 Incorporation 60.000
30 June 2014 Capital increase 125.000.000
14 July2014 Capital increase 4.152.001
8 May 2015 Capital increase 64.605.999
7 August 2015 Capital increase 129.212.000
28 October 2016 Capital increase 146.740.750
Current number of shares 469.770.750

Dividends

Type Payment date
Ex dividend date
Record date
Concept Gross ammount per share
On account 2017 October 25 2017 October 17 2017 October 18 2017 Dividend 0.20
Final 2016 May 18 2017 April 25 2017 April 26 2017 Dividend 0.10071014
Final 2016 May 18 2017 April 25 2017 April 26 2017 Share premium distribution 0.09928767
On account 2016 October 25 2016 October 18 2016 October 19 2016 Dividend 0.185
Share premium distribution October 25 2016 September 13 2016 September 15 2016 Share premium distribution 0.02
Final 2015 April 27 2016 April 7 2016 April 6 2016 Dividend 0.005692
Final 2015 April 27 2016 April 7 2016 April 6 2016 Share premium distribution 0.102608
On account 2015 October 28 2015 October 15 2015 October 14 2015 Dividend 0.0775

Share price

Analysts Recommendations

Broker Report date Recommendation Target price
Goldman Sachs 01/11/2017 Neutral 11.70
Credit Suisse 30/10/2017 Buy 12.50
Caixabank/BPI 25/10/2017 Buy 12.45
Sabadell 25/10/2017 Buy 12.85
UBS 24/10/2017 Buy 12.40
BofA 25/09/2017 Neutral 11.80
Mirabaud 11/09/2017 Sell 11.50
Deutsche Bank 07/09/2017 Buy 14.00
BBVA 06/09/2017 Buy 13.00
EXANE BNP Paribas 06/09/2017 Neutral 12.00
Morgan Stanley 29/08/2017 Buy 14.50
Alantra 25/08/2017 Neutral 12.25
JP Morgan 22/08/2017 Buy 13.51
Green Street 16/08/2017 Neutral 12.55
Haitong 13/07/2017 Neutral 12.00
ING 11/07/2017 Buy 13.30
Societe Generale 10/07/2017 Neutral 12.20
Bankinter 26/06/2017 Buy 12.79
Kempen & Co 09/04/2017 Buy 12.00
Kepler Cheuvreux 22/03/2017 Neutral 11.31
JB Capital Markets 13/02/2017 Buy 12.50
GVC Gaesco Beka 10/11/2016 Buy 12.51
Intermoney 19/09/2016 Buy 12.10
Fidentiis 13/07/2016 Buy 11.80