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AGGREGATE HOLDINGS SA (FRA:DE000A18) Aggregate Holdings S.A. will receive shares in ADO Properties S.A. in exchange for its holding in Consus Real Estate A.G.

Directive transparence : information réglementée

29/06/2020 10:35

DGAP-Ad-hoc: Aggregate Holdings SA / Key word(s): Miscellaneous
Aggregate Holdings S.A. will receive shares in ADO Properties S.A. in exchange for its holding in Consus Real Estate A.G.

29-Jun-2020 / 10:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Aggregate Holdings S.A. will receive shares in ADO Properties S.A. in exchange for its holding in Consus Real Estate A.G.

Luxembourg, 29 June 2020 - Aggregate Holdings S.A. ("Aggregate") and ADO Properties S.A. ("ADO") entered into an agreement regarding Consus Real Estate AG ("Consus") on 15 December 2019.

This agreement includes a right of ADO to acquire all Consus shares held by Aggregate against shares in ADO Properties at an exchange ratio of 0.2390 ADO shares for 1 Consus share.

Today, ADO announced that it decided to exercise the call option with the settlement being subject to the launch of a rights issue of ADO in the amount of EUR 450 million. The rights issue as well as the settlement of the call option will be completed in Q3 2020 according to ADO.

Contact:
Massimo Longoni
Director
Aggregate Holdings S.A.
+352 26 478777 21
massimolongoni@groupelecta.lu


29-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Aggregate Holdings SA
Rue Antoine Jans 10
1820 Luxembourg
Luxemburg
Phone: 00352 26 478 777 21
E-mail: massimolongoni@groupelecta.lu
ISIN: DE000A184P98
WKN: A184P9
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Stuttgart
EQS News ID: 1080781

 
End of Announcement DGAP News Service

1080781  29-Jun-2020 CET/CEST

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