PTA-News: conwert Immobilien Invest SE: Vonovia holds 71.54% in conwert - grace period from 23 December 2016 to 23 March 2017

Thursday, 22. December 2016 11:15

Business news for the stock market

Vienna (pta016/22.12.2016/11:15) - conwert Immobilien Invest SE ("conwert") announces that the final results of the initial acceptance period for the voluntary takeover offer by Vonovia SE ("Vonovia") are now available. 72,902,498 conwert shares were tendered to Vonovia by 19 December 2016, 5pm Vienna time. This corresponds to 71.54% of the company's share capital. Here, 70.87% of all of the conwert shares were tendered for the cash offer; the share-exchange option was selected for 0.67% of conwert shares.

For conwert shareholders who have not yet accepted the offer, the acceptance period has been extended in accordance with section 19 paragraph 3 (2) of the Austrian Takeover Act by a period of three months ("grace period"). The grace period thereby starts on 23 December 2016 and runs until 23 March 2017, 5pm Vienna time.

...........................................................

This report contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and, consequently, the actual results realised at a later date may differ from the forecasts presented in this report for a variety of reasons.

(end)

emitter: conwert Immobilien Invest SE
address: Alserbachstraße 32, 1090 Vienna
country: Austria
contact person: Clemens Billek
phone: +43 1 52145-700
e-mail: cwi@conwert.at
website: www.conwert.at

ISIN(s): AT0000697750 (share)
stock exchanges: official trade in Vienna

[ source: http://www.pressetext.com/news/20161222016 ]

Related Links: conwert Immobilien Invest SE
Author: