CPI PROPERTY GROUP
GSG GROUP – Major Shareholding Notifications
GSG GROUP / Key word(s): Miscellaneous Luxembourg, 20 June 2014 GSG GROUP – Major Shareholding Notifications GSG GROUP (the “Company”) was notified on 18 June 2014 by Nas Prvy Realitny Fond o.p.f. – PRVA PENZIJNA spravcovska spolocnost Postovej banky a.s. (“NPR”) that on 16 June 2014 the number of voting rights it held in GSG GROUP (the “Company”) increased above the 5% threshold as a consequence the acquisition of 44,289,242 Company shares from Materali, a.s. As of 16 June 2014 NPR directly held 44,289,242 shares of the Company, representing 9.76% of the total shares and voting rights in the Company. The Company points out that percentage in this notification was made on the basis of 453,921,339 shares of the Company (i.e. number prior to the capital increases of 16 and 17 June 2014). The Company was also notified on 18 June 2014 by NPR that on 16 and 17 June 2014 the number of voting rights it held in the Company decreased below the 5% threshold as a consequence of capital increases of the Company announced on 16 June and 17 June 2014 respectively, i.e. passive crossing of the thresholds. As of 16 and 17 June 2014 NPR directly held 44,289,242 shares of the Company, representing 4.30% of the total shares and voting rights in the Company after the capital increase of 16 June 2014 and to 1.52% of the of the total shares and voting rights in the Company after the capital increase of 17 June 2014. The Company was notified on 19 June 2014 by Orco Property Group (“OPG”) and its subsidiary Brillant 1419 GmbH & Co. Verwaltungs KG (“Brillant”) that on 16 June 2014 the number of voting rights they jointly held in the Company decreased below the 20%, 15%, and 10% thresholds as a consequence of capital increase of the Company announced on 16 June 2014, i.e. passive crossing of the thresholds. As of 16 June 2014 OPG held 81,644,192 shares and Brillant held 11,531,259 Company shares, representing 9.04% of the total shares and voting rights in the Company after the capital increase of 16 June 2014. The Company was also notified on 19 June 2014 by OPG and Brillant that on 17 June 2014 the number of voting rights they jointly held in the Company decreased below the 5% threshold as a consequence of capital increase of the Company announced on 17 June 2014, i.e. passive crossing of the thresholds. As of 17 June 2014 OPG held 81,644,192 shares and Brillant held 11,531,259 Company shares, jointly representing 3.19% of the total shares and voting rights in the Company after the capital increase of 17 June 2014. The Company was notified on 19 June 2014 by Mrs. Milada Mala, that on 17 June 2014 the number of voting rights held in the Company indirectly via Lavagna, a.s. (“Lavagna”) increased above the 5%, 10%, 20% and 25% thresholds as a consequence of the acquisition of 701,297,979 Company shares by Lavagna from Mr. Radovan Vitek. As of 17 June 2014 Lavagna directly held 701,297,979 shares of the Company, representing 24.01% of the total shares and voting rights in the Company. Lavagna is co-owned by Mr. Radovan Vitek and Mrs. Milada Mala. Mr. Radovan Vitek notified the Company on 19 June 2014, that on 16 June 2014 he has contributed to Rivaroli, a.s. (“Rivaroli”) all the 576,673,203 shares in the Company that were issued to him on 16 June 2014. Mr. Vitek notified the Company that on 16 June 2014 Materali, a.s. (“Materali”) sold 44,289,242 Company shares to an outside party, resulting in the decrease of the number of the Company shares held by Materali to 279,309,661. Mr. Vitek noted that as a consequence of these transactions he did not cross any thresholds because the transactions completed on 16 June 2014 did not result in his direct and indirect shareholding in the Company falling below 66 2/3%. As a result of the transaction completed on 16 June 2014 Rivaroli directly crossed the 5%, 10%, 15%, 20%, 25%, 30%, 33 1/3% and 50% thresholds. As a result of the transaction completed on 16 June 2014 Materali directly crossed the 50% and 33 1/3% thresholds. Following the transactions Mr. Vitek indirectly held 855,982,864 shares of the Company representing 83.06% of the total shares and voting rights in the Company as of 16 June 2014. Materali and Rivaroli are entities controlled by Mr. Vitek. Mr. Radovan Vitek further notified the Company on 19 June 2014 as follows: As a result of the transactions completed on 17 June 2014 Materali directly and indirectly via its subsidiary Rivaroli crossed the 50%, 33 1/3%, and 30% thresholds. As of 17 June 2014 Materali directly holds 279,309,661 shares of the Company. Materali is fully controlled by Mr. Vitek. As a result of the transactions completed on 17 June 2014 Rivaroli directly crossed the 25%, and 20% thresholds. As of 17 June 2014 Rivaroli directly holds 576,673,203 shares of the Company. Rivaroli is fully controlled by Materali, an entity controlled by Mr. Vitek. As a result of the transactions completed on 17 June 2014 Lavagna directly crossed the 5%, 10%, 15% and 20% thresholds. As of 17 June 2014 Lavagna directly holds 701,297,979 shares of the Company. Lavagna is 50% co-owned by Mr. Vitek. As a result of the transactions completed on 17 June 2014 Zacari, a.s. (“Zacari”) directly crossed the 5%, 10%, 15% and 20% thresholds. As of 17 June 2014 Zacari directly holds 638,236,468 shares of the Company. Zacari is fully controlled by Mr. Vitek. As a result of the transactions completed on 17 June 2014 Mondello, a.s. (“Mondello”) directly crossed the 5%, 10%, and 15% thresholds. As of 17 June 2014 Mondello directly holds 550,694,915 shares of the Company. Mondello is fully controlled by Mr. Vitek. Mr. Vitek did not cross any thresholds because the transactions completed on 17 June 2014 did not result in his shareholding in the Company falling below the 66 2/3% threshold. Mr. Vitek indirectly held 2,746,212,226 shares of the Company representing 94.02% of the total shares and voting rights in the Company as of 17 June 2014. 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 20.06.2014 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 440123120 | |
Fax: | +49 (0)30 390 93 199 | |
E-mail: | patricia.jaenisch@wertpunkt-berlin.de | |
Internet: | www.gsg-group.de | |
ISIN: | LU0251710041 | |
WKN: | A0JL4D | |
Listed: | Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Düsseldorf, Stuttgart | |
End of News | DGAP News-Service |
274490 20.06.2014 |