EANS-Adhoc: C-QUADRAT Investment AG
HNA Group set to become majority owner of
C-QUADRAT
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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
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 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 von: C-QUADRAT Investment AG, übermittelt durch news aktuell