Atrium European Real Estate Limited
euro adhoc: Atrium European Real Estate Limited
other
ATC REQUEST
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
30.12.2008
AUSTRIAN TAKEOVER COMMISSION ("ATC") REQUESTS ATRIUM EUROPEAN REAL
ESTATE LIMITED ("ATRIUM") RESPONSE TO ENQUIRIES AND INDICATES ITS
INTENTION TO INITIATE A FORMAL PROCEEDING PURSUANT TO ARTICLE 33 PARA
1 OF THE AUSTRIAN TAKEOVER ACTJersey, 30 December, 2008: Atrium European Real Estate Limited
("Atrium") (ATX: ATR) confirms that it has received a request
from the Austrian Takeover Commission ("ATC") for its opinion
(i) in relation to various criteria identified by the ATC as
important in assessing the application of the Austrian Takeover Act
("ATA") to Atrium at the time partly paid shares were issued to
Tshela Nominees AVV in 2006, (ii) whether such shares conferred a
controlling interest in Atrium (as defined in article 22 of the ATA),
(iii) whether there was a consequential breach of any obligation to
make a mandatory bid to acquire outstanding certificates of Atrium
and (iv) whether Meinl Bank AG and Julius Meinl AG were concerted
with Tshela Nominees AVV. Atrium is requested to give its response
by January 30, 2009.In the request, the ATC has stated that the Second Senate of the ATC intends to initiate a formal proceeding pursuant to article 33 para 1 of the ATA to scrutinize these issues. It is assumed the final determination to initiate any
such proceeding will take into account the responses received by the ATC. Further, there can be no certainty as to the timing or outcome of any such proceeding.
For further information:
Financial Dynamics: +44 (0)20 7831 3113 Richard Sunderland
Stephanie Highett Laurence Jones Richard.sunderland@fd.com
end of announcement euro adhoc
Further inquiry note:
Financial Dynamics, London
Stephanie Highett / Richard Sunderland
Phone: +44 (0)20 7831 3113
mailto:richard.sunderland@fd.com
Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Standard Market Continous
Börsen: Wiener Börse AG / official market