Brief: CPI Property Group Says Total Acquisition Price Of 6.7 Mln Shares of S Immo Amounts To About Eur 154 Million

Cpi Property SA

21/11/2022 19:03

Nov 21 (Reuters) - CPI Property Group SA  O5G.DE :
    * EQS-NEWS: CPI PROPERTY GROUP – FINAL RESULTS OF THE
MANDATORY
TAKEOVER OFFER FOR S IMMO
    * CPI PROPERTY GROUP SA - DURING THE ADDITIONAL ACCEPTANCE
PERIOD
WHICH ENDED ON 18 NOVEMBER 2022,  6.7 MILLION SHARES OF S IMMO
WERE TENDERED
    * CPIPG- TOTAL ACQUISITION PRICE OF 6.7 MILLION SHARES
AMOUNTS TO
ABOUT EUR 154 MILLION; WILL BE FUNDED THROUGH DRAWING OF BRIDGE
FACILITY WITH MATURITY IN 2025
    * CPI PROPERTY GROUP SA -  HAS ALSO PROPOSED ENTERING INTO
NEGOTIATIONS WITH IMMOFINANZ    CONCERNING POTENTIAL PURCHASE OF
S IMMO SHARES FROM CPIPG
    * CPI PROPERTY GROUP SA - SUPERVISORY BOARD OF IMMOFINANZ
APPROVED
THE START OF THESE    NEGOTIATIONS

Source text for Eikon:  ID:nEQc9qFNva 
Further company coverage:  O5G.DE 
 ((Reuters.Brief@thomsonreuters.com;))