The agreement also covers the acquisition by CPIPG of additional shares eventually tendered into the voluntary partial tender offer for shares of Immofinanz AG published by CEE Immobilien GmbH within on December 23 last year.
The purchase price per share amounts to EUR 23 cum dividend. Following this week's transaction, CPIPG has undertaken to improve the offer in accordance with the Austrian Takeover Act (ÜbG) accordingly.
As of 31 January 2022, CPIPG owns (directly and indirectly) a total of 26,621,030 Immofinanz shares, corresponding to a participation of approx. 19.25%, with additional 39,986,345 Immofinanz shares, corresponding to a participation of approx. 28.92% conditionally contracted. This represents a combined stake of 66,607,375 Immofinanz shares, corresponding to a participation of approx. 48.18% of the total registered nominal share capital of Immofinanz.
The offer and completion of the share purchase agreements between CPIPG and RPPK Immo GmbH, Petrus Advisers Investments Fund L.P., and CEE Immobilien GmbH are subject to merger control clearance in Austria, Germany, the Czech Republic, Hungary, Poland, Romania, Serbia, and Slovakia.
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