EANS-Adhoc: Update to a disclosed inside information: C-QUADRAT Investment AG /
HNA Group set to become majority owner of C-QUADRAT
HNA considers a
squeeze-out after completion of the transaction
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Update to a Disclosed inside Information pursuant to article 17 Market Abuse
Regulation (MAR) 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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Mergers - Acquisitions - Takeovers
05.05.2017
Vienna/Frankfurt, 05.05.2017 C-QUADRAT Investment AG (ISIN: AT0000613005)
announces in reference to the ad-hoc-announcement released on 03.05.2017 that it
has been informed today that HNA considers that Cubic (London) Limited initiates
a squeeze-out of the remaining minority shareholders (free-float) of C-QUADRAT
Investment AG ("C-QUADRAT") after the completion of the transaction in order to
obtain 100% in C-QUADRAT.
original announcement:
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EANS-Adhoc: C-QUADRAT Investment AG / HNA Group set to become majority owner of
C-QUADRAT
Mergers - Acquisitions - Takeovers
03.05.2017
Vienna/Frankfurt, 03.05.2017. C-QUADRAT Investment AG (ISIN: AT0000613005)
announces that it has been informed today by San Gabriel Privatstiftung and T.R.
Privatstiftung of the following facts:
Today San Gabriel Privatstiftung, T.R. Privatstiftung as well as Hallmann
Holding International GmbH, Q-Cap Holdings Ltd. and Laakman Holding Ltd. (all
together "the core shareholders") have concluded share purchase agreements with
HNA Group (International) Asset Management Co., Limited ("HNA") on the
acquisition of shares of C-QUADRAT Investment AG ("C-QUADRAT") subject to
condition precedent.
After the necessary regulatory releases (i) HNA will contribute the C-QUADRAT
shares acquired from the core shareholders to Cubic (London) Limited ("Cubic")
and (ii) the core shareholders will also contribute their remaining C-QUADRAT
shares to Cubic. Following necessary regulatory releases HNA will hold
approximately 74.8% in Cubic and Cubic will hold more than 98% in C-QUADRAT.
Further inquiry note:
Andreas Wimmer
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 66 316
E-Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com
end of original announcement euro adhoc
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sector publicity of original announcement:
2017-05-03 19:45:52 - Bloomberg- sent
2017-05-03 19:45:52 - Bloomberg- sent
Further inquiry note:
Andreas Wimmer
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 660
E-Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com
end of announcement euro adhoc
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issuer: C-QUADRAT Investment AG
Schottenfeldgasse 20
A-1070 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.com
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell