REG - CPI Property Group Aroundtown SA Globalworth Real Est - Statement re stated post-offer intentions

Globalworth Real Estate InvestmentsAnnouncement

08/07/2022 07:00

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RNS Number : 7334R  CPI Property Group  08 July 2022

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE TAKEOVER CODE (THE "CODE") WHICH, AMONGST OTHER THINGS,
REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF THE PERIOD
OF 12 MONTHS FROM THE END OF THE OFFER PERIOD CONFIRMING WHETHER IT HAS TAKEN,
OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

For immediate release

8 July 2022

 

ZAKIONO ENTERPRISES LIMITED

(on behalf of CPI Property Group S.A. and Aroundtown SA)

Rule 19.6(c) confirmation with respect to stated post-offer intentions for
Globalworth Real Estate Investments Limited

 

Zakiono Enterprises Limited ("Zakiono") announces that, further to the closure
of its cash offer for the entire issued and to be issued share capital of
Globalworth Real Estate Investments Limited ("Offer"), it has duly confirmed
in writing to the Takeover Panel in accordance with the requirements of Rule
19.6(c) of the Code, compliance with the post-offer intention statements made
pursuant to Rules 2.7(c) and 24.2 of the Code, as originally detailed in the
Rule 2.7 announcement of 14 April 2021 and the offer document published on 12
May 2021.

 

 

Enquiries:

CPI
            + 352 (0) 26 47 67 58

David Greenbaum, Chief Financial
Officer
 
 
 

Aroundtown
+ 352 (0) 288 313

Eyal Ben David, Chief Financial
Officer
 

Timothy Wright, Head of Investor Relations

Barclays (financial adviser to CPI and
Zakiono)                            + 44 (0) 20
7623 2323

Brendan Jarvis

Akshay Majithia

Citi (financial adviser to Aroundtown and Zakiono)
    + 44 (0) 20 7986 4000

Peter Davis
 
 

Federico Monguzzi

 

 

 

 

Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is
authorised by the Prudential Regulation Authority and regulated in the United
Kingdom by the FCA and the Prudential Regulation Authority, is acting
exclusively for Zakiono and CPI and no one else in connection with the Offer
and the matters referred to in this announcement and will not be responsible
to anyone other than Zakiono and CPI for providing the protections afforded to
clients of Barclays nor for providing advice in relation to the Offer or any
other matter referred to in this announcement.

Citigroup Global Markets Europe AG ("Citi"), which is authorised and regulated
by the German Federal Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht - "BaFin") and Bundesbank, is acting as
financial adviser for Zakiono and Aroundtown and for no one else in connection
with the matters described in this announcement, and will not be responsible
to anyone other than Zakiono and Aroundtown for providing the protections
afforded to clients of Citi nor for providing advice in connection with the
Offer, or any other matters referred to in this announcement. Neither Citi nor
any of its affiliates, directors or employees owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect,
consequential, whether in contract, in tort, in delict, under statute or
otherwise) to any person who is not a client of Citi in connection with this
announcement, any statement contained herein, the Offer or otherwise.

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