conwert Immobilien Invest SE was informed by the Austrian Takeover Commission that the Austrian Takeover Commission, on its own motion (ex officio), initiated a formal investigation (Nachprüfungsverfahren) pursuant to section 33 para 1sub-para 2 of the Austrian Takeover Act regarding conwert Immobilien Invest SE by resolution dated 7 March 2016 (ISIN: AT0000697750).

Subject of the formal investigation is whether ADLER Real Estate AG, Mr. Cevdet Caner, Petrus Advisers LLP and potentially other parties qualify as parties acting in concert pursuant to section 1 para 6 of the Austrian Takeover Act and whether the obligation to publish a takeover offer pursuant to section 22 et seqq of the Austrian Takeover Act has thereby been violated.

The publication by the Austrian Takeover Commission pursuant to section 33 para 3 of the Austrian Takeover Act including the notification to the shareholders to accede to the formal investigation is expected to be published in the Official Gazette on 9 March 2016.

conwert Immobilien Invest SE issued this content on 08 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 March 2016 10:50:14 UTC

Original Document: http://www.conwert.com/en/formal-investigation-initiated-pursuant-section-33-austrian-takeover-act