DGAP-News CPI Property Group - Results of Share Buy-back Offer
DGAP-News: CPI PROPERTY GROUP / Key word(s): Share Buyback
CPI Property Group
Luxembourg, 22 February 2021
CPI Property Group - Results of Share Buy-back Offer
On 15 February 2021, CPI PROPERTY GROUP ("CPIPG" or the "Group") announced the intention to purchase up to 650,000,000 shares under CPIPG's share buy-back programme (the
At the closing of the offer period, shareholders of the Company presented a total of 641,658,176 shares for tender. As anticipated, the vast majority of shares were tendered by the Group's primary shareholder, Radovan Vitek, and the Group's subsidiary, CPI FIM SA.
In line with the terms of the Offer, the Company anticipates the signing of share transfer agreements on 26 February 2021. The Company will announce the completion of the buyback upon the acquisition of the shares.
For further information please contact:
Chief Financial Officer
Director of Capital Markets
For more on CPI Property Group, visit our website: www.cpipg.com
22.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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|Company:||CPI PROPERTY GROUP|
|40, rue de la Vallée|
|Phone:||+352 264 767 1|
|Fax:||+352 264 767 67|
|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart|
|EQS News ID:||1170205|
|End of News||DGAP News Service|