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ADLER REAL ESTATE AG refutes allegations of acting in concert - Ruling by the Austrian Takeover Commission

DGAP-News: ADLER Real Estate AG / Key word(s): Miscellaneous/Miscellaneous

2016-12-01 / 08:00
The issuer is solely responsible for the content of this announcement.

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Berlin, December 1, 2016:  ADLER Real Estate AG has taken note of the
Austrian Takeover Commission's  legally non binding ruling concluding that
Adler Real Estate AG and others qualify as parties acting in concert in the
sense of the Austrian Takeover Act, that they gained a controlling stake in
conwert on  September 29, 2015, and that they subsequently failed to make a
mandatory takeover offer in 2015.
ADLER Real Estate AG refutes the allegations and in the interest of its
shareholders reserves the rights to take any appropriate action including
an appeal to the Supreme Court following a thorough review of the documents
in question. ADLER remains committed and supportive to the ongoing
voluntary takeover offer by Vonovia SE to acquire control of conwert
Immobilien Invest SE and the ruling in question will have no bearing to the
ongoing tender process.

Contact
Dr. Rolf-Dieter Grass
ADLER Real Estate AG
Tel: +49 (0)30 2000 91429
r.grass@adler-ag.com


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2016-12-01 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,
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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 News    DGAP News Service