DGAP-News: CPI PROPERTY GROUP / Key word(s): Share Buyback 
CPI PROPERTY GROUP: SHARE BUY-BACK PROGRAMME OF THE COMPANY 
2021-05-28 / 19:32 
The issuer is solely responsible for the content of this announcement. 
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CPI PROPERTY GROUP 
Société Anonyme 
40, rue de la Vallée 
L-2661 Luxembourg 
R.C.S. Luxembourg B 102254 
(hereinafter the "Company" or "CPIPG") 
SHARE BUY-BACK PROGRAMME OF THE COMPANY 
I. Introduction 
CPI PROPERTY GROUP, a société anonyme, incorporated and existing under Luxembourg law, was founded in 2004. The Company 
ranks among the most significant real estate groups focusing on long-term investments and property leases, especially 
in Central and Eastern Europe and Germany. 
Certain number of shares of the Company (ISIN LU0251710041) are officially listed on the Regulated Market of the 
Frankfurt Stock Exchange, respectively in the General Standard segment. 
In application of article 430-15 of the Luxembourg law of 10 August 1915 on commercial companies, as amended (the "1915 
Law"), as well as of the EC Directive EC/2004/109 (as amended), also known as the "Transparency" Directive and of the 
"Market Abuse" Regulation EU 596/2014, the purpose of the present note is to describe the objectives, finalities and 
modalities of the repurchase/redemption programme of its own shares by the Company it is proposed to implement and of 
the authorization to be conferred to the board of directors of the Company to implement such programme. 
II. Issuer 
CPI PROPERTY GROUP, with its registered seat at 40, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg, 
R.C.S. LUXEMBOURG B 102254. 
III. Share buyback programme (the "Programme") 
- The shares concerned: CPIPG ordinary shares - both listed (ISIN LU0251710041) and unlisted shares. Only fully paid-up 
shares may be repurchased. 
- Modalities of the repurchase of the shares: the shares can be repurchased by the Company itself, or through a company 
in which the Company holds directly the majority of the voting rights, or through a person acting in its own name but 
for the account of the Company. 
The shares can be repurchased on the Frankfurt Stock Exchange or directly from existing and/or future shareholders by 
consensual or private sale, without prejudice to the principle of equal treatment of all shareholders who are in the 
same position and the provisions of the 1915 Law. 
- The maximum number of shares to be repurchased: 1,000,000,000. 
- The maximum redemption price is set at five euros (EUR 5.-) per share. 
- The minimum redemption price is set at one euro cent (EUR 0.01) per share. 
- Programme's duration: 5 years from the general meeting of the shareholders of the Company of 28 May 2021. 
- Financial conditions: The acquisitions/repurchases/redemptions of its own shares by the Company, including shares 
previously acquired by the Company and held by it, as well as shares acquired by a person acting in his own name but on 
behalf of the Company, may not have the effect of reducing the net assets of the Company below the amount of the 
subscribed capital plus the reserves which may not be distributed under 1915 Law or by virtue of the articles of the 
Company. 
IV. Date of the General Meeting of shareholders having authorised the Programme 
It is proposed to the general meeting of the shareholders of the Company to be held on 28 May 2021 to approve the 
Programme and to authorise the board of directors of the Company to implement the Programme. In particular, it is 
proposed to authorise the board of directors of the Company, to implement the share repurchase Programme in one or 
several steps, to proceed with the payment of the relevant repurchase price out of the Company's available funds, to 
take all required actions to complete any repurchase of shares and to verify that process of share repurchase is made 
in compliance with the legal provisions of the 1915 Law. 
V. Legal framework 
Those aspects related to the share redemption Programme are set forth in the provisions of "Transparency" Directive and 
of the "Market Abuse" Regulation. 
The aspects related to company law are set forth in articles 430-15 ff of the 1915 Law. 
The Company's articles of association contain the following provision concerning the redemption of own shares: 
"5.3. Redemption of its own shares 
The Company may acquire its own shares, either on its own, or through a company in which the Company holds directly the 
majority of the voting rights, or through a person acting in its own name but for the account of the Company, subject 
to the conditions of the 1915 Law." 
VI. The total number of voting rights and share capital of CPIPG as at 26 April 2021 
As at 26 April 2021 the corporate capital of CPIPG is EUR801,005,815.50 represented by 8,010,058,155 ordinary shares with 
par value of EUR0.10 each. 
VII. Objectives of the new buyback Programme 
Pursuant to the implementation of the European Regulation, the objectives of this share buyback Programme are the 
capital reduction of the Company (in value or in number of shares), the conversion of bonds and/or warrants and other 
debt financial instruments exchangeable into equity instruments issued by the Company, the improvement of the balance 
sheet structure, the creation of stock options plans and employee share option programs or other allocations of shares 
to employees of the Company or of an associate company, the improvement of the shareholding value in order to have the 
flexibility to intervene in the market if necessary or to have the possibility to meet obligations arising from above, 
the reinforcement of the attractiveness of the Company for investors by offering new distributions and exit modalities 
for shareholders. 
The realisation of those different objectives must be carried out in abidance with regulations in force and taking into 
account those precisions provided by the supervisory authorities at the places of listing regarding complementary 
market practices concerning the one or more liquidity contracts that could eventually be entered into with an 
investment services provider and the purchase for the purpose of conservation and later remittance to exchange or for 
payment within the framework of possible outside growth operations. 
Luxembourg, 26 April 2021 
Yours faithfully, 
The Board of Directors of the Company 
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2021-05-28 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 
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Language:     English 
Company:      CPI PROPERTY GROUP 
              40, rue de la Vallée 
              L-2661 Luxembourg 
              Luxemburg 
Phone:        +352 264 767 1 
Fax:          +352 264 767 67 
E-mail:       contact@cpipg.com 
Internet:     www.cpipg.com 
ISIN:         LU0251710041 
WKN:          A0JL4D 
Listed:       Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart 
EQS News ID:  1202284 
 
End of News   DGAP News Service 
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1202284 2021-05-28


 
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May 28, 2021 13:32 ET (17:32 GMT)