Brief: Petrus Advisers Says On Aareal Deal We Welcome Advent/Centerbridge (“Atlantic Bidco”)‘S Failure To Gain Control Of Aareal Bank AG („Aareal“)

Aareal Bank AG

04/02/2022 18:35

* PETRUS ADVISERS SAYS ON AAREAL DEAL  WE WELCOME
ADVENT/CENTERBRIDGE (“ATLANTIC BIDCO”)‘S FAILURE TO GAIN CONTROL
OF AAREAL BANK AG („AAREAL“)
    * PETRUS ADVISERS SAYS PETRUS ADVISERS CONFIRM OUR LONG-TERM
COMMITMENT TO AAREAL
    * PETRUS ADVISERS SAYS AS THE LEAD INVESTOR, WE LOOK FORWARD
TO
CHANGE AT THE TOP OF AAREAL AND VALUE CREATION FOR ALL
SHAREHOLDERS
    * PETRUS ADVISERS SAYS IN LIGHT OF THE FAILURE OF THEIR
RECOMMENDED BID, WE EXPECT THAT HERMANN WAGNER AND RICHARD
PETERS RESIGN FROM THE SUPERVISORY BOARD
    * PETRUS ADVISERS SAYS IF CEO JOCHEN KLÖSGES AND CFO MARC
HESS ARE
NOT CAPABLE OR WILLING TO DO THE HARD WORK THAT IS NOW REQUIRED,
THIS IS THEIR LAST CHANCE TO STEP DOWN AND HAND THE BANK TO
OTHER MANAGERS

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