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BBHK Deutsche Balaton AG News Story

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Brief: Grounds Real Estate Development Major Shareholder Buys 15.16% Stake In Co

June 29 (Reuters) - GROUNDS REAL ESTATE DEVELOPMENT AG
 AMMn.DE :
    * LEARNED TODAY THAT ITS MAJOR SHAREHOLDER, ARMIN H.
HOFMANN, IS
ACQUIRING 15.16% STAKE IN COMPANY FROM SHAREHOLDER DEUTSCHE
BALATON AG BY EXERCISING OPTION
    * WITH THIS NOW ARMIN HOFMANN INCREASES HIS STAKE IN GROUNDS
REAL
ESTATE DEVELOPMENT AG TO 32.29%

Source text for Eikon:  ID:nEQ4X5mMKa 
Further company coverage:  AMMn.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))

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