DGAP-Adhoc

WESTGRUND Aktiengesellschaft: Announcement concerning squeeze-out of minority shareholders in WESTGRUND AG by ADLER Real Estate AG

DGAP-Ad-hoc: WESTGRUND Aktiengesellschaft / Key word(s): Squeeze Out
WESTGRUND Aktiengesellschaft: Announcement concerning squeeze-out of
minority shareholders in WESTGRUND AG by ADLER Real Estate AG

29-Dec-2016 / 13:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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WESTGRUND AG, Berlin

Ad-hoc announcement according to Art. 17 of EU - Market Abuse Regulation
(MAR)

Announcement concerning squeeze-out of minority shareholders in WESTGRUND
AG by ADLER Real Estate AG

WESTGRUND AG, Berlin, (ISIN: DE000A0HN4T3) announces that ADLER Real Estate
AG, Berlin has today informed WESTGRUND AG that it will send a formal
request to WESTGRUND AG according to § 327a, para. 1 sentence 1 of the
German Stock Corporation Act that the shareholders' meeting of WESTGRUND AG
decides on the transfer of the shares of the remaining minority
shareholders to ADLER Real Estate AG as the majority shareholder in
exchange for an appropriate cash settlement (squeeze out).

In this context, ADLER Real Estate AG has also informed and proofed to
WESTGRUND AG that it has signed today a contract to acquire further shares
in WESTGRUND AG to exceed the shareholdings in WESTGRUND AG to more than 95
percent whereby ADLER Real Estate AG becomes the majority shareholder
(Hauptaktionär) in WESTGRUND AG in the sense of § 327a para. 1 sentence 1
of the German Stock Corporation Act.

WESTGRUND AG, Berlin

Berlin, December 29, 2016
The Management Board

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Language: English
Company: WESTGRUND Aktiengesellschaft
Joachimsthaler Strasse 34
10719 Berlin
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.westgrund.de
ISIN: DE000A0HN4T3, DE000A14KCW5
WKN: A0HN4T, A14KCW
Listed: Regulated Market in Dusseldorf; Regulated Unofficial
Market in Berlin, Hamburg, Stuttgart, Tradegate Exchange;
Open Market in Frankfurt



End of Announcement DGAP News Service
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533259 29-Dec-2016 CET/CEST