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PREOS Global Office Real Estate & Technology
Legal Proceedings Report • Jun 28, 2024
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Legal Proceedings Report
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Ad-hoc | 28 June 2024 15:35
PREOS: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required
PREOS Global Office Real Estate & Technology AG / Key word(s): Legal Matter
PREOS: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required
28-Jun-2024 / 15:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of inside information in accordance with Art. 17 of Regulation (EU) No. 596/2014
PREOS Global Office Real Estate & Technology AG: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required
Frankfurt am Main, June 28, 2024 – PREOS Global Office Real Estate & Technology AG (“PREOS”, ISIN DE000A2LQ850) announces that the Higher Regional Court in Frankfurt am Main today rejected the company’s application for approval to implement the resolutions of the vote without meeting from December 1 to December 3, 2023 for the 7.5% PREOS convertible bond 2019/2024 (ISIN: DE000A254NA6). This means that the resolutions to restructure the PREOS convertible bond cannot be implemented as planned by PREOS. Against this background, PREOS is required to file for insolvency by July 1, 2024.
End of Inside Information
28-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | PREOS Global Office Real Estate & Technology AG |
| Bockenheimer Landstraße 2-4 | |
| 60306 Frankfurt/Main | |
| Germany | |
| Phone: | +49 695973566 |
| E-mail: | [email protected] |
| Internet: | www.preos.de |
| ISIN: | DE000A2LQ850 |
| WKN: | A2LQ85 |
| Listed: | Regulated Unofficial Market in Frankfurt, Munich |
| EQS News ID: | 1935989 |
| End of Announcement | EQS News Service |