ADLER Real Estate AG

Legal Proceedings Report • Dec 1, 2016

News Details

Corporate | 1 December 2016 08:00

ADLER REAL ESTATE AG refutes allegations of acting in concert – Ruling by the Austrian Takeover Commission

DGAP-News: ADLER Real Estate AG / Key word(s): Miscellaneous/Miscellaneous

2016-12-01 / 08:00
The issuer is solely responsible for the content of this announcement.

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Berlin, December 1, 2016: ADLER Real Estate AG has taken note of the
Austrian Takeover Commission's legally non binding ruling concluding that
Adler Real Estate AG and others qualify as parties acting in concert in the
sense of the Austrian Takeover Act, that they gained a controlling stake in
conwert on September 29, 2015, and that they subsequently failed to make a
mandatory takeover offer in 2015.
ADLER Real Estate AG refutes the allegations and in the interest of its
shareholders reserves the rights to take any appropriate action including
an appeal to the Supreme Court following a thorough review of the documents
in question. ADLER remains committed and supportive to the ongoing
voluntary takeover offer by Vonovia SE to acquire control of conwert
Immobilien Invest SE and the ruling in question will have no bearing to the
ongoing tender process.

Contact
Dr. Rolf-Dieter Grass
ADLER Real Estate AG
Tel: +49 (0)30 2000 91429
r.grass@adler-ag.com

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2016-12-01 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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 News    DGAP News Service