Degroof Petercam - WHITESTONE GROUP (ROCK) (Sponsored) Whitestone Group - Hitting 2 birds with one (White)stone

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Degroof Petercam

Joren Van Aken

(Sponsored) Whitestone Group - Hitting 2 birds with one (White)stone

• Whitestone is proposing a 2-stage capital increase of EUR 33-43m.• Stage 1 – EUR 17.8m CIK to Multifin at an issue price 25% above last close.• Stage 2 – EUR 15-25m capital increase to grow its portfolio.• This operation effectively accelerates Whitestone's growth by doubling in size, while also boosting the share's visibility.• We will update our estimates.More details in our Note published this morning

13/02/2024 1 EN

Underlying

WHITESTONE GROUP

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BE0974401334 Euronext Brussels Belgium

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Degroof Petercam

We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

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Analysts

Joren Van Aken

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(Sponsored) Whitestone Group - Hitting 2 birds with one (White)stone

Whitestone Group €70m capital raise at NAV backed by new Alcopa signals investor confidence

Whitestone Group Gold rush fuels GFI's record performance

Whitestone Group Strong 15% NAV growth and a first positive net profit since IPO

(Sponsored) Cabka - Extracting full value from recent investments

EnergyVision - Profitable green energy with a sunny growth outlook

(Sponsored) Fastned - Gearing up for a growth spurt

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