CPI PROPERTY GROUP
CPI PROPERTY GROUP acquires 16.67% of its own shares
CPI PROPERTY GROUP / Key word(s): Share Buyback 25.09.2015 17:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AD HOC ANNOUNCEMENT Luxembourg, 25 September 2015 CPI PROPERTY GROUP acquires 16.67% of its own shares CPI PROPERTY GROUP ("CPI PG" or the "Company") announces the acquisition of 550,694,915 of its own shares representing approximately 16.67% of its share capital. On 25 September 2015 the Company and its major shareholder, Mr. Radovan Vítek entered into an agreement, pursuant to which the Company acquired 550,694,915 of its own shares indirectly held by Mr. Vítek. The purchase prince has been set in CZK and EUR denominations and amounts app. EUR 338 million in aggregate. In consideration for the share buyback, Mr. Vítek obtained a combination of monetary receivables that do not form core business of the Company and Company's bonds. The acquisition of its own shares was done under the buyback framework approved by the Company's extraordinary general meeting held on 28 August 2014. The acquired shares will be held as treasury shares, the voting rights and right to dividend related to them will be suspended as long as they are held by the Company. The total number of outstanding CPI PG shares (including treasury shares held by the Company) remains the same and equals 3,303,768,300. The number of CPI PG shares, excluding treasury shares held by the Company, is 2,753,073,385 as of today. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Contact: Kirchhoff Consult AG Sebastian Bucher Herrengraben 1 D-20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 sebastian.bucher@kirchhoff.de 25.09.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: CPI PROPERTY GROUP 40, rue de la Vallée L-2661 Luxembourg Grand Duchy of Luxembourg Phone: +352 264 767 1 Fax: +352 264 767 67 E-mail: contact@cpipg.com Internet: www.cpipg.com ISIN: LU0251710041 WKN: A0JL4D Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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