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ADLER Real Estate AG: Announcement concerning squeeze-out of minority shareholders in WESTGRUND AG

ADLER Real Estate AG / Key word(s): Squeeze Out

29-Dec-2016 / 13:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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ADLER Real Estate AG, Berlin

Ad-hoc announcement according to Art. 17 of EU - Market Abuse Regulation
(MAR)

Announcement concerning squeeze-out of minority shareholders in WESTGRUND
AG

ADLER Real Estate AG, Berlin, (ISIN: DE0005008007) announces that the
Management Board has, with the consent of the Supervisory Board, resolved
today that the company as the majority shareholder of WESTGRUND AG with
registered office in Berlin conducts a squeeze-out of the minority
shareholders in WESTGRUND AG according to §§ 327a ff. of the German Stock
Corporation Act. For this, ADLER Real Estate AG has today informed WESGRUND
AG that it will send a formal request according to § 327a, para. 1 sentence
1 of the German Stock Corporation Act that the shareholders' meeting of
WESTGRUND AG decides on the transfer of the shares of the remaining
minority shareholders to ADLER Real Estate AG as the majority shareholder
in exchange for an appropriate cash settlement (squeeze out).

Also today, ADLER Real Estate AG has signed a contract to acquire further
shares from a shareholder in WESTGRUND AG to exceed the shareholdings in
WESTGRUND AG to more than 95 percent whereby ADLER Real Estate AG becomes
the majority shareholder (Hauptaktionär) in WESTGRUND AG in the sense of §
327a para. 1 sentence 1 of the German Stock Corporation Act.

ADLER Real Estate AG, Berlin

Berlin, December 29, 2016
The Management Board

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29-Dec-2016 CET/CEST 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:     ADLER Real Estate AG
                Joachimsthaler Straße 34
                10719 Berlin
                Germany
   Phone:       +49 (0)40 - 29 8130-0
   Fax:         +49 (0)40 - 29 8130-99
   E-mail:      info@adler-ag.com
   Internet:    www.adler-ag.com
   ISIN:        DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02
   WKN:         500800, A14J3Z, A1R1A4, A11QF0
   Indices:     SDAX, GPR General Index
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
                Munich, Stuttgart, Tradegate Exchange



     End of Announcement    DGAP News Service

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