ADLER Real Estate AG

Delisting Announcement • Dec 29, 2016

News Details

Ad-hoc | 29 December 2016 13:09

ADLER Real Estate AG: Announcement concerning squeeze-out of minority shareholders in WESTGRUND AG

ADLER Real Estate AG / Key word(s): Squeeze Out

29-Dec-2016 / 13:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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ADLER Real Estate AG, Berlin

Ad-hoc announcement according to Art. 17 of EU - Market Abuse Regulation
(MAR)

Announcement concerning squeeze-out of minority shareholders in WESTGRUND
AG

ADLER Real Estate AG, Berlin, (ISIN: DE0005008007) announces that the
Management Board has, with the consent of the Supervisory Board, resolved
today that the company as the majority shareholder of WESTGRUND AG with
registered office in Berlin conducts a squeeze-out of the minority
shareholders in WESTGRUND AG according to §§ 327a ff. of the German Stock
Corporation Act. For this, ADLER Real Estate AG has today informed WESGRUND
AG that it will send a formal request according to § 327a, para. 1 sentence
1 of the German Stock Corporation Act that the shareholders' meeting of
WESTGRUND AG decides on the transfer of the shares of the remaining
minority shareholders to ADLER Real Estate AG as the majority shareholder
in exchange for an appropriate cash settlement (squeeze out).

Also today, ADLER Real Estate AG has signed a contract to acquire further
shares from a shareholder in WESTGRUND AG to exceed the shareholdings in
WESTGRUND AG to more than 95 percent whereby ADLER Real Estate AG becomes
the majority shareholder (Hauptaktionär) in WESTGRUND AG in the sense of §
327a para. 1 sentence 1 of the German Stock Corporation Act.

ADLER Real Estate AG, Berlin

Berlin, December 29, 2016
The Management Board

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29-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory
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Language: English
Company: ADLER Real Estate AG
Joachimsthaler Straße 34
10719 Berlin
Germany
Phone: +49 (0)40 - 29 8130-0
Fax: +49 (0)40 - 29 8130-99
E-mail: info@adler-ag.com
Internet: www.adler-ag.com
ISIN: DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02
WKN: 500800, A14J3Z, A1R1A4, A11QF0
Indices: SDAX, GPR General Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange

 End of Announcement    DGAP News Service