DEMIRE Deutsche Mittelstand Real Estate AG: Apollo and Wecken & Cie. Initiate a Strategic Review of Their Stake in DEMIRE
Disclosure of insider information pursuant to Article 17 of Regulation (EU) No 596/2014Apollo and Wecken & Cie. Initiate a Strategic Review of Their Stake in DEMIRE
Langen, 15 November 2021 - DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has been informed by its major shareholders Apollo-managed funds and Wecken & Cie., that Apollo and Wecken & Cie. are conducting a review of options with regard to their stake in DEMIRE. Such review is in early stages and may or may not result in a transaction.
Amongst the options under review, Apollo and Wecken & Cie. are considering a sale of their entire stake to a strategic or financial investor which shall be well equipped to support the company in its next growth and value creation phase. Apollo and Wecken & Cie. are currently not contemplating a placing of any of their DEMIRE shares in the public equity market.
DEMIRE has retained J.P. Morgan as its financial advisor in connection with Apollo 's and Wecken & Cie.'s review and is cooperating with Apollo and Wecken & Cie. in this respect.
Disclaimer This announcement does not constitute an offer to sell nor a solicitation to buy securities.
DEMIRE Deutsche Mittelstand Real Estate AG The Management Board
Michael Tegeder Head of Investor Relations & Corporate Finance DEMIRE Deutsche Mittelstand Real Estate AG Telephone: +49 (0) 6103 372 49 44 Email: firstname.lastname@example.org
15-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.dgap.deLanguage: English Company: DEMIRE Deutsche Mittelstand Real Estate AG Robert-Bosch-Stra?e 11 im 'the eleven' 63225 Langen (Hessen)
Germany Phone: +49 6103 37249-0 Fax: +49 6103 37249-11 E-mail: email@example.com Internet: www.demire.ag ISIN: DE000A0XFSF0 WKN: A0XFSF Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange EQS News ID: 1248943 ? End of Announcement DGAP News Service