euro adhoc: Meinl European Land Ltd.
Annual & Special Corporate Meetings /
MEINL EUROPEAN LAND ANNOUNCES EXTRAORDINARY GENERAL MEETING AND ANNUAL GENERAL
MEETING
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
24.06.2008
St Helier, Jersey, 24 June 2008. Meinl European Land Limited ("MEL"
or the "Company"), whose certificates representing shares are listed
on the Vienna Stock Exchange, announces that an Extraordinary General
Meeting of the Company has been convened for 16 July 2008 at 10 a.m.
in Jersey, the place of incorporation of MEL, at The Great Hall,
Hotel de France, St Saviours Road, Jersey JE1 7XP, to be followed at
11 a.m., or as soon thereafter as the Extraordinary General Meeting
shall have concluded or adjourned, at the same location by an Annual
General Meeting of the Company. The Company has today published a
shareholder circular (the "Circular") convening the Extraordinary
General Meeting and providing shareholders and certificate holders
with information related to the resolutions to be proposed at the
Extraordinary General Meeting and has issued a Notice of Annual
General Meeting convening the Annual General Meeting. The Circular
and Notice of Annual General Meeting are both available on the MEL
website at www.meinleuropeanland.com. Details of the voting
registration process for certificate holders will be published in the
Austrian "Amtsblatt zur Wiener Zeitung" (Official Austrian Gazette)
and on the website of the Company (www.meinleuropeanland.com). The
purpose of the Extraordinary General Meeting is to consider and, if
thought fit, to pass resolutions relating to the proposed transaction
announced by the Company on 20 March 2008 between the Company,
CPI/Gazit Holdings Limited ("CG Holdings"), a joint venture between
Gazit-Globe Ltd ("Gazit"), a multinational real estate investment
company listed on the Tel Aviv Stock Exchange (TASE:GLOB), and CPI
Austria Holdings Limited ("CPI Austria"), a wholly-owned subsidiary
of CPI Capital Partners Europe LP (and its parallel funds), a real
estate fund advised by Citibank International plc through its
business unit, Citi Property Investors ("CPI"), whereby CG Holdings,
Gazit and CPI Austria are to make an investment of up to EUR800
million in the Company as part of a total investment of up to EUR1.3
billion (the "Proposed Transaction"), accompanied by a transformation
of MEL´s governance and management structure. Subject to the
requisite shareholder/certificate holder approvals being obtained and
the other conditions to closing set forth in Part VIII of the
Circular being satisfied, the Proposed Transaction will close on the
closing date, which is currently expected to be as soon as possible
after the EGM.The business to be conducted at the Annual General Meeting is to receive the accounts of the Company for the year ended 31 December 2007 and the report of the directors and auditors thereon, to re-appoint KPMG Channel Islands Limited as the Company´s auditors and to authorise the directors to agree the auditors´ remuneration.
end of announcement euro adhoc
Further inquiry note:
Contacts for enquiries:
London Austria
Citigate Dewe Rogerson Trimedia
Michael Berkeley Bernhard Hudik
+44 20 7638 9571 +43 1 5244 300
For questions pertaining to CPI/Gazit, Gazit and CPI Austria:
London Austria
Financial Dynamics Dr. Viktor Bauer PR GmbH
Stephanie Highett Dr Viktor Bauer
Richard Sunderland Mag. Anita Köninger
+44 (0)20 7831 3113 viktor.bauer@viktorbauer.com
+43 (1) 320 95 45 18
Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Standard Market Continous
Börsen: Wiener Börse AG / official market