This new center will be responsible for distributing IKEA products in Central and Eastern Mediterranean countries.

The total consideration amounted to €254m.

The share capital of the Company amounts to a total of €102,588,769.00 divided into 205,177,538 common, registered, with voting rights, shares with a nominal value of €0.50 each.

The final yield of the bond issue came in at 4.5%

Through the exercise of the pre-subscription right, a rate of 2.2% was covered with the payment in cash of a total amount of €1,632,721.68 which corresponds to 1,149,804 New Shares.

With a total value of over 22 million euros

The process is expected to be completed within 2024.