Corporate actions
01 Mar 2022

Immofinanz AG : Takeover

Update as of 01 March 2022

In a media release dated 24 February 2022, the company CPI Property Group S.A announced the result of the mandatory Takeover Offer of Immofinanz AG. According to the information, CPI Property Group S.A holds approximately 53.33% of the Immofinanz AG shares after the close of the acceptance period.

As CPI Property Group S.A did not reach the threshold of 75% in case of a mandatory Takeover Offer, the conditions for the settlement at fair value of the futures and options contracts related to Immofinanz AG pursuant to the Eurex contract specifications are therefore not fulfilled. Trading in the affected contracts will continue without any adjustments. New maturities and strike prices will be introduced with effect as of 02 March 2022.


More information about this transaction is available on the company`s website via http://www.cpipg.com.



The company CPI Property Group announced on 03 December 2021 its proposal to launch an anticipatory mandatory takeover offer to the shareholders of Immofinanz AG at a price of EUR 21.20 (including the 2021 Dividend) per share.

More information about this transaction is available on the company`s website under www.cpipg.com.

 

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