Dec 10 (Reuters) - PATRIZIA SE PATGn.DE:
PATRIZIA AND INVESTORS AGREE ON LONG-TERM EXTENSION OF DAWONIA'S MANDATE AND SCHEME FOR REALISATION OF EXIT CARRY
MANDATE HAS BEEN EXTENDED UNTIL END OF 2030 WITH POSSIBILITY OF FURTHER EXTENSIONS
WAS GRANTED RIGHT TO REALISE PART OF EXIT CARRY ENTITLEMENT AND TO RECEIVE CORRESPONDING PAYMENTS OF AROUND EUR 49 MILLION (GROSS) PER ANNUM FROM 2026 UNTIL 2029
WAS GRANTED, SUBJECT TO CERTAIN CONDITIONS, POSSIBILITY OF A FURTHER PAYMENT OF SAME AMOUNT IN 2031
Source text: ID:nEQ7jwjhga
Further company coverage: [PATGn.DE]
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