Aroundtown : notification pursuant to article 13 of the amended law of 11 January 2008 on transparency requirements for issuers
February 21, 2020 at 11:15 am EST
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Aroundtown SA (IRSH)
Aroundtown SA notification pursuant to article 13 of the amended law of 11 January 2008 on transparency requirements for issuers
21-Feb-2020 / 17:11 CET/CEST
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Aroundtown SA notification pursuant to article 13 of the amended law of 11 January 2008 on transparency requirements for issuers
Luxembourg - 21 February 2020
Aroundtown SA ('Aroundtown') announced on 19 February 2020 that the total number of voting rights attached to the shares composing the share capital of Aroundtown amounted to 1,536,262,449 voting rights (including any suspended voting rights) and 1,352,326,312 voting rights (excluding suspended voting rights).
As of 14 February 2020, Aroundtown holds 77.8% of the shares in TLG Immobilien AG ('TLG'). TLG holds directly 183,936,137 voting rights representing 11.97 % of the total voting rights attached to shares of Aroundtown (the 'Controlled Aroundtown Shares'). The voting rights attached to the Controlled Aroundtown Shares are suspended.
Aroundtown SA is a Luxembourg-based company, which is engaged in the real estate sector. The Company invests in commercial and residential, income generating, properties primarily in Germany and the Netherlands. The commercial properties are held by the Company and in addition Aroundtown SA holds interest in Grand City Properties SA (GCP), a real estate company that focuses on investing in opportunities in German residential real estate markets. Grand City Properties SA portfolio is located mainly in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen and Hamburg. The Company's subsidiaries are: AT Securities BV, ATF Netherlands BV and Camelbay Ltd, among others.