GIMV realizes stake in Kinepolis

Belgian investor GIMV has sold its entire remaining stake in Kinepolis Group realizing a capital gain of €5.5m. As a result of the sales 686,860 Kinepolis shares have been replaced by various institutional investors from Belgium and the rest of Europe. GIMV’s net asset value will be positively impacted by €3.8m or €0.16 per GIMV share.

GIMV has been listed on Euronext Brussels since 1997 and manages over €1.2bn of assets including investments in information and communication technology, life sciences as well as growth financing and management buyouts.