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%
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