Brief: Aggregate Holdings Enters Agreement With ADO Properties With Regard To Its Shares In CONSUS Real Estate

Adler Real Estate AG

15/12/2019 16:37

Dec 15 (Reuters) - Aggregate Holdings S.A:
    * DGAP-ADHOC: AGGREGATE HOLDINGS S.A. ENTERS INTO AGREEMENT
WITH
ADO PROPERTIES S.A. WITH REGARD TO ITS SHARES IN CONSUS REAL
ESTATE AG
    * AGGREGATE HOLDINGS - CO, ADO PROPERTIES ENTERED OPTION
AGREEMENT; ADO HAS CALL OPTION TO BUY CONSUS SHARES CURRENTLY
EQUALING 50.97%
    * AGGREGATE HOLDINGS - UNDER SAME AGREEMENT, AGGREGATE HAS
OPTION
TO PUT ITS CONSUS SHARES TO ADO UPON OCCURRENCE OF CHANGE OF
CONTROL ON LEVEL OF ADO
    * AGGREGATE HOLDINGS - UPON EXERCISE OF PUT OPTION, ADO
WOULD HAVE
TO BUY AGGREGATE'S CONSUS SHARES FOR EUR 8.35 IN CASH OR 0.2390
NEW SHARES IN ADO

Source text for Eikon:  ID:nEQ5w4F12a 
Further company coverage:  ADJ.DE 

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