Brief: Chapters Group AG Management Says Co's Subsidiary Entered Into An Agreement To Spin-Off Arudi

CHAPTERS AG

07/09/2023 17:49

Sept 7 (Reuters) - CHAPTERS Group AG  CHG1.DE :
    * EQS-ADHOC: CHAPTERS GROUP AG: MANAGEMENT BUY-OUT OF THE
PROPERTY
SERVICES GROUP OF NGC NACHFOLGEKAPITAL GMBH
    * NGC NACHFOLGEKAPITAL GMBH, A 80% SUBSIDIARY OF CHAPTERS
GROUP
AG, ENTERED INTO AN AGREEMENT TO SPIN-OFF ARUDI
    * TRANSACTION IS EXPECTED TO CLOSE IN Q3 2023
    * CHAPTERS GROUP - WITH SPIN-OFF, CHAPTERS GROUP AG REALIZES
A
POSITIVE EFFECT ON ITS BASE VALUE AS CALCULATED PER 31.12.2022
OF C. EUR 0.07 PER SHARE
    * WITH SPIN-OFF, CHAPTERS GROUP AG REALIZES A POSITIVE
EFFECT ON
ITS BASE VALUE AS CALCULATED PER 31.12.2022 OF C. EUR 0.07 PER
SHARE

Source text for Eikon:  ID:nEQ1tN1H9a 
Further company coverage:  CHG1.DE 

 ((Reuters.Briefs@thomsonreuters.com;;))