Brief: Publity Long-Term International Investor Invests In Preos

Publity AG

09/07/2020 10:29

July 9 (Reuters) - PUBLITY AG  PBYG.DE :
    * LONG-TERM INTERNATIONAL INVESTOR INVESTS IN PUBLITY
SUBSIDIARY
PREOS
    * TOTAL PURCHASE PRICE TOTALS EUR 50 MILLION
    * THIS CORRESPONDS TO APPROX. 5.8 PERCENT OF PUBLITY SHARES
IN
PREOS AND APPROX. 5.4 PERCENT OF SHARE CAPITAL OF PREOS REAL
ESTATE AG
    * INVESTOR HAS AGREED TO A LOCK-UP PERIOD OF 12 MONTHS
    * TOTAL OF 3,846,153 PREOS SHARES FROM PUBLITY PORTFOLIO
HAVE NOW
BEEN SOLD TO A LONG-TERM INTERNATIONAL INVESTOR
    * AS A RESULT, PUBLITY'S STAKE IN PREOS WILL DECREASE TO
APPROX.
86.5 PERCENT

Source text for Eikon:  ID:nEQ6cYdtZa 
Further company coverage:  PBYG.DE 

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