Investors

The Share

The share and share capital

As of 31 December 2020, 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, Valencia and Lisbon. 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

Main Shareholders and BoD Members

Treasury Stock

The treasury stock situation as of 31 December 2020 is described below:

Directs Indirects
Shares 4,836,503
% 1.0295%

The last communication provided and reported by CNMV is dated as of 20 November 2018, in accordance to the RD 1366/2007.

Dividends

Type Payment date
Ex dividend date
Record date
Concept Gross amount per share
Final 2021 May 27 2022 May 16 2022 May 17 2022 Dividend 0.022669335
Final 2021 May 27 2022 May 16 2022 May 17 2022 Share premium distribution 0.22745
On account 2021 December 3 2021 November 19 2021 November 22 2021 Dividend 0.15
Final 2020 May 19 2021 May 6 2021 May 7 2021 Share premium distribution 0.30
Final 2019 July 8 2020 June 25 2020 June 26 2020 Dividend 0.14741659
On account 2019 October 28 2019 October 18 2019 October 21 2019 Dividend 0.20
Final 2018 May 7 2019 April 29 2019 April 30 2019 Dividend 0.20270039
Final 2018 May 7 2019 April 29 2019 April 30 2019 Share premium distribution 0.09729961
On account 2018 October 25 2018 October 17 2018 October 18 2018 Dividend 0.20
Final 2017 May 25 2018 May 16 2018 May 17 2018 Dividend 0.02053654
Final 2017 May 25 2018 May 16 2018 May 17 2018 Share premium distribution 0.23946346
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
On account 2016 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
Barclays 16/05/2022 Buy 11.60
Kepler Cheuvreux 27/04/2022 Buy 12.70
Bank of America 26/04/2022 Neutral 11.80
Exane BNP Paribas 26/04/2022 Buy 13.00
Renta 4 22/04/2022 Buy 13.10
JB Capital Markets 22/04/2022 Buy 13.50
Intermoney 22/04/2022 Buy 13.00
Oddo BHF 04/04/2022 Buy 12.60
Goldman Sachs 31/03/2022 Sell 8.90
GVC Gaesco 14/03/2022 Buy 13.33
Morgan Stanley 02/03/2022 Buy 12.00
JP Morgan 24/02/2022 Buy 12.75
UBS 07/02/2022 Buy 11.50
Kempen & Co 24/01/2022 Buy 11.50
BPI 24/01/2022 Buy 11.60
Bankinter 20/12/2021 Sell 10.00
Société Générale 22/11/2021 Buy 11.90
Alantra 15/11/2021 Buy 12.20
Bestinver 21/09/2021 Buy 11.30
Citi 24/06/2021 Sell 6.80
Sabadell 16/06/2021 Buy 11.33
Santander 11/06/2020 Buy 9.60
Green Street Advisors Not Publicly Disclosed Not Publicly Disclosed Not Publicly Disclosed