CPI PROPERTY GROUP
GSG GROUP – Major Shareholding Notification
GSG GROUP / Key word(s): Miscellaneous GSG GROUP – Major Shareholding Notification Luxembourg, 10 June 2014. GSG GROUP was notified on 6 June 2014 by ORCO PROPERTY GROUP S.A. (“OPG”) that further to the disposal of 108,395,743 GSG GROUP shares by OPG, which occurred on 2 June 2014, the number of GSG GROUP shares held by OPG directly decreased to 81,644,192. As a consequence of this disposal, OPG and its subsidiary Brilliant 1419 GmbH & Co Verwaltungs KG together hold 93,175,451 shares in GSG GROUP, representing 20.53% of the total shares and voting rights as of 2 June 2014. The shareholding of OPG and its subsidiary Brillant 1419 GmbH & Co Verwaltungs KG in GSG GROUP decreased from 44.41% to 20.53%, thereby crossing the 33 1/3% and 25% thresholds. GSG GROUP was also notified on 9 June 2014 by ASPLEY VENTURES LIMITED (“Aspley”) that the number of voting rights it holds in GSG GROUP increased above the 5%, 10%, 15% and 20% thresholds as a consequence of the acquisition of 108,395,743 GSG GROUP shares from OPG on 2 June 2014. As of 2 June 2014 Aspley directly holds 108,395,743 GSG GROUP shares, representing 23.88% of the total shares and voting rights. The beneficial owner of Aspley is Mr. Pavel Spanko. About us GSG GROUP (formerly ORCO Germany S.A.) is a real estate group founded in 2004 that operates in Germany and headquartered in Luxembourg. It is listed on the Regulated Market of the Frankfurt Stock Exchange, General Standard segment. GSG GROUP specializes in commercial real estate, project development and asset management, and is mainly active in the Berlin market. Through its subsidiary, Gewerbesiedlungs-Gesellschaft (GSG), it remains one of the leading providers of commercial real estate in Berlin. Press-Contact: End of Corporate News 10.06.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s 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: | GSG GROUP | |
40, rue de la Vallée | ||
L-2661 Luxembourg | ||
Grand Duchy of Luxembourg | ||
Phone: | +49 (0)30 390 93 116 | |
Fax: | +49 (0)30 390 93 199 | |
E-mail: | patricia.jaenisch@orco-gsg.de | |
Internet: | www.orcogermany.de | |
ISIN: | LU0251710041 | |
WKN: | A0JL4D | |
Listed: | Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Düsseldorf, Stuttgart | |
End of News | DGAP News-Service |
273018 10.06.2014 |