Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited Notification of interest in shares and disclosure according to Sec 93 para 2 of the Austrian Stock Exchange Act with the aim of a Europe-wide distribution
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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.
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other
28.08.2013
Notification of interest in shares and disclosure according to Sec 93 para 2 of
the Austrian Stock Exchange Act with the aim of a Europe-wide distribution
Ad hoc announcement - Jersey, 28 August 2013. Atrium European Real Estate
Limited ("Atrium") with its principal office in Jersey hereby announces that it
has been notified by Gazit Globe Ltd on behalf of its affiliate Gazit Gaia Ltd
("Gazit Gaia"), and by CPI CEE Management LLC on behalf of CPI CEE Co-Invest 3
Limited and the consortium managed by CPI CEE Management LLC (such consortium
consists of CPI CEE Co-Invest 1 Limited and CPI CEE Co-Invest 2 Limited, and is
controlled by Apollo Global Real Estate Management LP, an affiliate of Apollo
Global Management LLC) that following the completion of the acquisition of
20,416,463 additional ordinary shares in Atrium by Gazit Gaia from CPI CEE
Co-Invest 3 Limited, as of August 28th, 2013, the number of Atrium ordinary
shares held by Gazit Gaia has increased to 44,394,630. As a result of this
transaction Gazit-Globe Ltd will hold (through its affiliates Gazit Gaia and
Gazit Midas Ltd.) 149,325,178 Atrium ordinary shares and CPI CEE Management LLC
(and the consortium managed by CPI CEE Management LLC) will hold 52,069,621
Atrium ordinary shares.
According to Sec 93 para 2 of the Austrian Stock Exchange Act (Börsegesetz)
Atrium announces that as a result of the above mentioned transaction the direct
and indirect percentage of voting rights in Atrium held by Gazit Gaia has
reached 11.9%, and thus exceeded the reporting threshold of 10% set forth in the
Austrian Stock Exchange Act. Accordingly the direct and indirect percentage of
voting rights in Atrium held by CPI CEE Co-Invest 3 Limited has fallen from
5.45% to 0%, and the percentage of voting rights in Atrium held by the
consortium managed by CPI CEE Management LLC has fallen from 19.35% to 13.90%.
The respective shareholding has therefore fallen below the 4% and 15% reporting
thresholds set forth in the Austrian Stock Exchange Act.
The total number of voting rights held by Gazit Globe Ltd (through affiliates)
and by CPI CEE Management LLC (and the consortium managed by CPI CEE Management
LLC) in Atrium is not affected by the above mentioned transaction, and therefore
remains to be above 50%, however, below 75%.
For further information:
FTI Consulting Inc: +44 (0)20 7831 3113
Richard Sunderland
atrium@fticonsulting.com
This ad hoc announcement appears as a matter of record only and does not
constitute an offer to sell or a solicitation of an offer to purchase any
security.
Atrium is established as a closed-end investment company domiciled in Jersey.
Atrium is registered with the Dutch Authority for the Financial Markets as a
collective investment scheme which may offer participations in The Netherlands
pursuant to article 2:66 of the Financial Supervision Act (Wet op het financieel
toezicht). All investments are subject to risk. Past performance is no guarantee
of future returns. The value of investments may fluctuate. Results achieved in
the past are no guarantee of future results.
Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 7831 3113
Richard Sunderland
Will Henderson
Richard.sunderland@fticonsulting.com
end of announcement euro adhoc
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issuer: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English