Brief: CPI PROPERTY GROUP Requests To Call Extraordinary Shareholders' Meeting Of S IMMO

S IMMO AG

14/04/2022 07:31

April 14 (Reuters) - CPI PROPERTY GROUP SA  O5G.DE :
    * REQUEST TO CALL AN EXTRAORDINARY SHAREHOLDERS' MEETING OF
S IMMO
AG ('EGM')
    * HAS TODAY REQUESTED MANAGEMENT AND SUPERVISORY BOARDS OF S
IMMO
AG TO CONVENE EGM, WITHOUT UNDUE DELAY, TO RESOLVE ON
ABOLISHMENT OF 15 % VOTING CAP SET FORTH IN SECTION 13 PARA 3 OF
ARTICLES OF ASSOCIATION OF S IMMO
    * MINIMUM OFFER PRICE REQUIRED PURSUANT TO SEC 26 PARA 1
AUSTRIAN
TAKEOVER ACT AS AT DATE OF THIS ANNOUNCEMENT IS EUR 22.00 IN
CASH PER S IMMO SHARE CUM DIVIDEND
    * OFFER WILL BE FINANCED BY CPIPG'S CAPITAL RESOURCES,
INCLUDING A
EUR 1.25 BILLION BRIDGE LOAN FACILITY
    * THERE WILL BE NO MINIMUM ACCEPTANCE THRESHOLD AND OFFER IS
NOT
EXPECTED TO BE SUBJECT TO ANY CONDITIONS

Source text for Eikon:  ID:nEQ183vpFa 
Further company coverage:  O5G.DE 

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