DGAP-News: WESTGRUND Aktiengesellschaft / Key word(s): Squeeze Out
WESTGRUND Aktiengesellschaft: Resolution on the transfer of shares are registered with the commercial register

04.11.2021 / 12:42
The issuer is solely responsible for the content of this announcement.


Resolution on the transfer of shares are registered with the commercial register

Berlin, 4 November 2021:

The resolution of the extraordinary general meeting of WESTGRUND Aktiengesellschaft ("WESTGRUND") held on June 9, 2021 regarding the transfer of the shares of the minority shareholders of WESTGRUND to ADLER Real Estate Aktiengesellschaft ("ADLER") as the majority shareholder for an appropriate cash compensation in the amount of EUR 13.24 per no-par-value bearer WESTGRUND share was registered with the commercial register of the local court in Charlottenburg on 3 November 2021 and announced today.

Upon registration of resolution on the transfer with the commercial register, all shares held by minority shareholders of WESTGRUND are transferred by law to ADLER.

The listing of the WESTGRUND shares will be discontinued shortly.

The details of the payment of the cash compensation will be disclosed separately in the German Federal Gazette (Bundesanzeiger) in a timely manner.

Notifying Person:
Colleen Yorke, Legal Counsel
+49 30 403 907 543
c.yorke@adler-group.com

Berlin, 4 November 2021

WESTGRUND Aktiengesellschaft
Management Board



04.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: WESTGRUND Aktiengesellschaft
Am Karlsbad 11
10785 Berlin
Germany
Phone: +49 30 39 80 18 10
Fax: +49 30 39 80 18 199
E-mail: info@westgrund.de
Internet: www.westgrund.de
ISIN: DE000A0HN4T3, DE000A14KCW5
WKN: A0HN4T, A14KCW
Listed: Regulated Market in Dusseldorf; Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1246263

 
End of News DGAP News Service

1246263  04.11.2021 

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