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Abonner Atrium European Real Estate Limited

Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited
Results of adjourned Noteholders Meeting and Tender Offer

  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.
18.06.2010
Atrium European Real Estate Limited announces results of adjourned 
Noteholders Meeting and Tender Offer in relation to its E600,000,000 
5.375 per cent. Guaranteed Notes due 2013 NOT FOR DISTRIBUTION TO ANY
PERSON LOCATED OR RESIDENT IN ITALY
Jersey, 18 June, 2010: Atrium European Real Estate Limited (the 
Company) (ATX/Euronext: ATRS), a leading real estate company focused 
on shopping centre investment, management and development in Central 
and Eastern Europe, today announces (i) the results of the adjourned 
meeting (the Adjourned Meeting) of the holders (the Noteholders) of 
its outstanding E600,000,000 5.375 per cent. Guaranteed Notes due 
2013 (ISIN: XS0263871328) (the Notes) in respect of the First 
Extraordinary Resolution and (ii) the results of its invitation to 
Noteholders to tender their Notes for purchase by the Company for 
cash. The Adjourned Meeting was quorate in respect of the First 
Extraordinary Resolution and the First Extraordinary Resolution was 
duly considered and passed.
Accordingly, a Supplemental Trust Deed was entered into between the 
Company, the Guarantors and the Trustee and the modifications 
referred to in the First Extraordinary Resolution will be implemented
with effect on and from 18 June 2010 and the modifications referred 
to in the Second Extraordinary Resolution will not be implemented.
Additionally, as at the Expiration Deadline of 4.00 p.m. (London 
time) on 18 June 2010, approximately E105,150,000 in aggregate 
nominal amount of the Notes had been validly tendered for purchase 
pursuant to the Offer. The Company has decided to accept for purchase
all Notes validly tendered pursuant to the Offer. Pursuant to the 
terms and conditions of the Notes, as amended by the First 
Extraordinary Resolution, the Company will redeem all outstanding 
Notes not purchased pursuant to the Offer in accordance with 
Condition 6(d), as so amended, on the Offer Settlement Date.
The Settlement Date for the Offer and the Offer Settlement Date is 23
June 2010.
The Offer and the Proposal were made on the terms and subject to the 
conditions contained in the tender offer memorandum dated 29 April 
2010 (the Tender Offer Memorandum), and this announcement should be 
read in conjunction with the Tender Offer Memorandum and the 
announcements by the Company dated 29 April 2010 and 4 June 2010.  
Capitalised terms used but not otherwise defined in this announcement
shall have the meanings given to them in the Tender Offer Memorandum.
The Offer was not made to any person located or resident in Italy, 
and was also subject to restrictions in other jurisdictions, all as 
further described in the Tender Offer Memorandum.
Merrill Lynch International is acting as Dealer Manager (tel: +44 20 
7995 3715; email: {john.m.cavanagh@baml.com}[HYPERLINK: 
mailto:john.m.cavanagh@baml.com]) and Lucid Issuer Services Limited 
(tel: +44 20 7067 9098; email:  atrium@lucid-is.com) is acting as 
Tender Agent for the Offer.
DISCLAIMER This announcement must be read in conjunction with the 
Tender Offer Memorandum. No offer or invitation to acquire any 
securities is being made pursuant to this announcement.  The 
distribution of this announcement and the Tender Offer Memorandum in 
certain jurisdictions may be restricted by law.  Persons into whose 
possession this announcement and/or the Tender Offer Memorandum comes
are required by each of the Company, the Dealer Manager and the 
Tender Agent to inform themselves about, and to observe, any such 
restrictions.
end of announcement                               euro adhoc

Further inquiry note:

Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113
mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN: JE00B3DCF752
WKN:
Index: Standard Market Continous
Börsen: Wien / official market

Plus de actualités: Atrium European Real Estate Limited
Plus de actualités: Atrium European Real Estate Limited