Brief: Petrus Advisers selling 8% stake in Immofinanz to CPI at 22.70 per share

S IMMO AG

26/01/2022 18:17

Jan 26 (Reuters) - Petrus Advisers:
    * PETRUS ADVISERS, AN 8% SHAREHOLDER OF IMMOFINANZ, SAYS IT
HAS
ENTERED INTO A SHARE PURCHASE AGREEMENT WITH CPI PROPERTY GROUP
S.A. FOR ITS STAKE IN IMMOFINANZ AT EUR 22.7 PER SHARE
    * PETRUS ADVISERS SAYS OUR TRANSACTION WILL BE AVAILABLE TO
ALL
SHAREHOLDERS OF IMMOFINANZ WHO WILL BE ABLE TO SELL ALL THEIR
SHARES
    * PETRUS ADVISERS SAYS WE BELIEVE CPI WILL CLEAN UP
IMMOFINANZ
    * PETRUS ADVISERS SAYS WE CONSIDER THE COMPETING PARTIAL
OFFER BY
S IMMO TO LACK ANY GOOD LOGIC
    * PETRUS ADVISERS SAYS WE CHOSE TO TAKE CERTAINTY OF EXIT AT
EUR
22.7 VERSUS THE UNCERTAINTY AND PARTIAL OFFER AT EUR 23.0,
PARTICULARLY IN CURRENT MARKET CONDITIONS

Further company coverage:  IMFI.VI   SIAG.VI   O5G.DE 

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