Brief: GORE German Office Real Estate To Acquire Two Luxembourgian Real Estate Portfolios

GORE German Office Real Estate AG

03/03/2022 10:48

March 3 (Reuters) - GORE GERMAN OFFICE REAL ESTATE AG
 GAG1n.DE :
    * TO ACQUIRE TWO LUXEMBOURGIAN REAL ESTATE PORTFOLIOS WITH A
NET
VALUE OF MORE THAN EUR 2 BILLION
    * CONTRIBUTION OF THE TWO PORTFOLIOS AGAINST ISSUANCE OF NEW
GORE
SHARES AT AN EXPECTED VALUE OF EUR 3.00 PER NEW GORE SHARE
WITHIN THE SCOPE OF TWO CAPITAL INCREASES AGAINST CONTRIBUTIONS
IN KIND AT GORE
    * CONTRIBUTION OF THE NEW GORE SHARES TO PARENT COMPANY
PREOS IN
EACH CASE AGAINST ISSUANCE OF NEW PREOS SHARES AT AN EXPECTED
VALUE OF EUR 5.20 PER NEW PREOS SHARE IN THE CONTEXT OF TWO
CAPITAL INCREASES AGAINST CONTRIBUTIONS IN KIND BY PREOS
    * PLANNED FOR THE PERIOD BETWEEN Q4 2022 AND Q4 2023

Source text for Eikon:  ID:nEQ1wqBNLa 
Further company coverage:  GAG1n.DE 

 (Gdansk Newsroom)
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