EQS-News
CPI PROPERTY GROUP: SHARE BUY-BACK PROGRAMME OF THE COMPANY
EQS-News: CPI PROPERTY GROUP / Key word(s): Share Buyback/Real Estate CPI PROPERTY GROUP |
Société Anonyme
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. LUXEMBOURG B 102254
(hereinafter the "Company” or “CPIPG”)
SHARE BUY-BACK PROGRAMME OF THE COMPANY
- Introduction
CPI PROPERTY GROUP, a société anonyme, incorporated and existing under Luxembourg law, was founded in 2004. The Company ranks among the most significant real estate groups focusing on long-term investments and property leases, especially in Central and Eastern Europe and Germany.
Certain number of shares of the Company (ISIN LU0251710041) are admitted to trading and officially listed on the Regulated Market of the Frankfurt Stock Exchange, respectively in the General Standard segment.
In application of article 430-15 of the Luxembourg law of 10 August 1915 on commercial companies, as amended (the "LCA"), as well as of the EC Directive EC/2004/109 (as amended), also known
as the “Transparency” Directive and of the “Market Abuse” Regulation EU 596/2014, the purpose of the present note is to describe the objectives, finalities and modalities of the
repurchase/redemption programme of its own shares by the Company it is proposed to implement and of the authorization to be conferred to the board of directors of the Company (with option to
delegate) to implement such programme.
- Issuer
CPI PROPERTY GROUP, with its registered seat at 40, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg, R.C.S. LUXEMBOURG B 102254.
- Share buyback programme (the "Programme")