WESTGRUND Aktiengesellschaft, DE000A0HN4T3

WESTGRUND Aktiengesellschaft, DE000A0HN4T3

29.12.2016 - 13:11:36

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

WESTGRUND 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 by ADLER Real Estate AG

WESTGRUND AG, Berlin, (ISIN: DE000A0HN4T3) announces that ADLER Real Estate AG, Berlin has today informed WESTGRUND AG that it will send a formal request to WESTGRUND AG 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).

In this context, ADLER Real Estate AG has also informed and proofed to WESTGRUND AG that it has signed today a contract to acquire further shares 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.

WESTGRUND AG, Berlin

Berlin, December 29, 2016 The Management Board

29-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: WESTGRUND Aktiengesellschaft Joachimsthaler Strasse 34 10719 Berlin Germany Phone: +49 30 2000 914 20 Fax: +49 30 639 619 228 E-mail: krienen@westgrund.de Internet: www.westgrund.de ISIN: DE000A0HN4T3, DE000A14KCW5 WKN: A0HN4T, A14KCW Listed: Regulated Market in Dusseldorf; Regulated Unofficial Market in Berlin, Hamburg, Stuttgart, Tradegate Exchange; Open Market in Frankfurt

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533259 29-Dec-2016 CET/CEST

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