Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
PROPOSED TENDER OFFER FOR UP
TO E35 MILLION OF E35 MILLION, 6.8 PER CENT. GUARANTEED NOTES DUE 2011
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
01.04.2011
This announcement does not constitute, or form part of, any offer for, or any solicitation of any offer for, or any offer to sell securities in any jurisdiction. The release, distribution or publication of this announcement incertain jurisdictions other than Austria may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other thanAustria should inform themselves about and observe any applicable requirements.
PROPOSED TENDER OFFER FOR UP TO E35 MILLION OF E35 MILLION, 6.8 PER CENT. GUARANTEED NOTES DUE 2011
Jersey, 1 April, 2011: Atrium European Real Estate Limited ("Atrium" or the "Company") (ATX/Euronext:ATRS), a leading real estate company focused on shopping centre investment, management and development in Central and Eastern Europe, announces that subject to applicable law and regulation, its Board of Directors has resolved that its wholly owned subsidiary, Manhattan Development s.r.o. should invite holders of up to E35million of its outstanding E35million 6.8 per cent. Guaranteed Notes due 2011 (ISIN:AT0000330964) (the "Notes") to tender their Notes for purchase by Manhattan Development s.r.o. or its nominated purchaser for cash (the "Proposed Offer").
The Company intends the purchase price under the Proposed Offer to be 101 per cent of the nominal amount of the Notes accepted for purchase together with accrued interest on such Notes.
Further details of the Proposed Offer will be announced as soon as practicably possible, at which time a formal tender notice will be issued.
For further information:
Financial Dynamics: Richard Sunderland +44 (0)20 7831 3113 Laurence Jones
Will Henderson Atrium@fd.com
end of announcement euro adhoc --------------------------------------------------------------------------------
Contact:
Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113
richard.sunderland@fd.com
Branche: Real Estate
ISIN: JE00B3DCF752
WKN:
Index: Standard Market Continuous
Börsen: Wien / official market