CPI PROPERTY : Results of Share Buy-back Offer

DGAP-News: CPI PROPERTY GROUP / Key word(s): Share Buyback CPI PROPERTY GROUP - Results of Share Buy-back Offer 26.06.2019 / 18:38 The issuer is solely responsible for the content of this announcement. CPI PROPERTY GROUP (société anonyme) 40, rue de la Vallée L-2661 Luxembourg R.C.S. Luxembourg: B 102 254 PRESS RELEASE Luxembourg, 26 June 2019 CPI PROPERTY GROUP - Results of Share Buy-back Offer On 17 June 2019, CPI PROPERTY GROUP ("CPIPG" or the "Company") announced its intention to purchase up to 400,000,000 shares under CPIPG's share buy-back programme (the "Offer"). Shareholders of the Company presented a total of 362,152,327 shares at the proposed purchase price of EUR 0.30 per share, for a total of approximately EUR 108.6 million. Shareholders participating in the Offer were unrelated to the Company's primary shareholder, Radovan Vitek. In line with the terms of the Offer, the Company anticipates the signing of share transfer agreements at the beginning of July. The Company will announce the completion of the buy-back upon the acquisition of the shares. For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com For further information please contact: INVESTORS CPI PROPERTY GROUP David Greenbaum Chief Financial Officer [e-mail] CPI PROPERTY GROUP Joe Weaver Director of Capital Markets [e-mail] MEDIA/PR Kirchhoff Consult AG Andreas Friedemann Borselstraße 20 22765 Hamburg T [phone] F [phone] E [e-mail] 26.06.2019 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	CPI PROPERTY GROUP
	40, rue de la Vallée
	L-2661 Luxembourg
	Luxemburg
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.cpipg.com
ISIN:	LU0251710041
WKN:	A0JL4D
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart
EQS News ID:	831729

End of News	DGAP News Service

831729  26.06.2019