Vienna (pta/27.06.2022/10:10 UTC+2)
Today, on 27 June 2022, S IMMO AG was informed that the Commercial Court today ordered the amendment of the Articles of Association to remove the maximum voting rights to be entered in the Commercial Register. The amendment to the Articles of Association will thus be visible and effective in the electronic commercial register tomorrow on 28 June 2022.
CPI PROPERTY GROUP S.A. ("CPIPG") will thus acquire a controlling interest in S IMMO AG within the meaning of Article 22 Austrian Takeover Act tomorrow on 28 June 2022. CPIPG will thus be obliged to notify a mandatory offer to the Takeover Commission within 20 trading days.
For further details and background, please refer to our Ad hoc announcement issued on 01 June 2022.
This publication is a mandatory report pursuant to Art 17 of the Market Abuse Regulation (EU) No 596/2014 and does not constitute financial analysis, advice or recommendation relating to financial instruments, or an offer, solicitation or invitation to buy or sell securities of S IMMO AG. This communication does not constitute or form part of any offer to sell or any solicitation of any offer to buy or subscribe for any shares in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is not permitted by law.