CPI PROPERTY GROUP
GSG GROUP – Major Shareholding Notification
GSG GROUP / Key word(s): Miscellaneous GSG GROUP – Major Shareholding Notification Luxembourg, 16 June 2014. GSG GROUP was notified on 16 June 2014 by GAMALA LIMITED (“Gamala”), an entity closely associated with Mr. Radovan Vitek, that on 12 June 2014 the number of voting rights it held in GSG GROUP decreased below the 5%, 10%, 15%, 20%, and 25% thresholds as a consequence of the disposal of all shares that Gamala held (114,820,850) in GSG GROUP to Materali, a.s., an entity closely fully owned with Mr. Radovan Vitek. GSG GROUP was notified on 16 June 2014 by KAMORO LIMITED (“Kamoro”) that on 12 June 2014 the number of voting rights it held in GSG GROUP decreased to zero as a consequence of the disposal of all shares that Kamoro held (20,360,000) in GSG GROUP to Materali, a.s. GSG GROUP was notified on 16 June 2014 by Materali, a.s., an entity owned by Mr. Radovan Vitek, that on 16 June 2014 the number of voting rights it holds in GSG GROUP decreased below the 66 2/3% threshold as a consequence of the disposal of 44,289,242 GSG GROUP shares by Materali, a.s. to “Nas Prvy Realitny” on 16 June 2014. As of 16 June 2014 Materali, a.s. directly holds 279,309,661 GSG GROUP shares, representing 61.53% of the total shares and voting rights in GSG GROUP. GSG GROUP points out that percentages in these notifications were made on the basis of 453,921,339 shares of the company (i.e. number prior to the capital increase of 16 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: 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 End of Corporate News 16.06.2014 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 |
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