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DGAP-News CPI PROPERTY GROUP - Capital Increase Completed

DGAP-News: CPI PROPERTY GROUP / Key word(s): Capital Increase
CPI PROPERTY GROUP - Capital Increase Completed

30.11.2021 / 21:00
The issuer is solely responsible for the content of this announcement.


CPI Property Group
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

Press Release - Corporate News

Luxembourg, 30 November 2021

CPI PROPERTY GROUP - Capital Increase Completed

Further to the announcement of 22 November 2021, CPI PROPERTY GROUP ("CPIPG" or the "Group") hereby announces the completed issuance of 487,012,987 new ordinary shares to funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo").

The new ordinary shares, with a par value of EUR 0.10, were issued today for a subscription price of EUR 0.616 per share. The aggregate subscription amount of EUR 300 million was paid by the Apollo Funds today; the stake represents about 5.5% of CPIPG's share capital. Following today's capital increase, the share held by the Group's founder Radovan Vitek represents about 88.8% of CPIPG's share capital.

The corporate share capital of CPIPG has been increased today from EUR 841,590,231.10 represented by 8,415,902,311 ordinary shares to EUR 890,291,529.80 represented by 8,902,915,298 ordinary shares.

As of 30 November 2021, the total number of voting rights attached to the shares comprising the share capital of CPIPG is by 8,902,915,298. Voting rights attached to 67,000,000 shares held by CPIPG's subsidiary are suspended.

For further information please contact:

Investor Relations

David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com


For more on CPI Property Group, visit our website: www.cpipg.com
Follow us on Twitter (CPIPG_SA) and LinkedIn



30.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Luxemburg
Phone: +352 264 767 1
Fax: +352 264 767 67
E-mail: contact@cpipg.com
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart
EQS News ID: 1253123

 
End of News DGAP News Service

1253123  30.11.2021 

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DGAP-News CPI PROPERTY GROUP - Capital Increase Completed DGAP-News: CPI PROPERTY GROUP / Key word(s): Capital Increase CPI PROPERTY GROUP - Capital Increase Completed 30.11.2021 / 21:00 The issuer is solely responsible for the content of this announcement. CPI Property Group (société anonyme) 40, rue …

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