Brief: Adler Real Estate Recommends Shareholders To Tender Shares Into ADO Offer

Adler Real Estate AG

21/02/2020 12:31

Feb 21 (Reuters) - ADLER REAL ESTATE AG  ADLG.DE :
    * MANAGEMENT AND SUPERVISORY BOARDS OF ADLER RECOMMEND
SHAREHOLDERS TENDER THEIR SHARES INTO ADO OFFER
    * ACCEPTANCE PERIOD ENDS ON 6 MARCH 2020
    * MORE THAN 52% OF ADLER SHAREHOLDERS HAVE ALREADY ACCEPTED
OFFER
    * EUR 2.7BN OF WAIVERS HAVE BEEN SIGNED BY DEBT HOLDERS
    * SHAREHOLDERS CAN EXCHANGE EACH OF THEIR SHARES FOR 0.4164
ADO
SHARES UNTIL 6 MARCH 2020 AT 24:00H CET.

Source text for Eikon:  ID:nEQ5V3wPwa 
Further company coverage:  ADLG.DE 

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