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Brief: Patrizia And Investors Agree To Extend Dawonia's Mandate

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]

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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