alstria office REIT-AG: Squeeze Out

EQS-Ad-hoc: alstria office REIT-AG / Key word(s): Squeeze Out alstria office REIT-AG: Squeeze Out 13-Dec-2024 / 18:27 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Squeeze Out:

• Specified transfer demand regarding the shares of the minority shareholders of alstria office REIT-AG submitted
• Cash compensation of EUR 5.11 per share determined

Hamburg, December 13, 2024 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) („alstria“ or the „Company“) announces that alstria's management board today received a confirmation and specification of the squeeze-out demand submitted by BPG Holdings Bermuda Limited (“BPG Holdings”), a subsidiary of Brookfield Corporation, on September 18, 2024. In this context, BPG Holdings has announced that the implementation of the squeeze-out under stock corporation law will be carried out by BPG Holdings and that the cash compensation to be paid to the minority shareholders in accordance with Section 327b para. 1 of the Stock Corporation Act (Aktiengesetz, AktG) in return for the transfer of their shares has been determined at EUR 5.11 per share.

The squeeze-out under stock corporation law will only become effective upon the approval of the extraordinary general meeting and entry in the commercial register. The extraordinary general meeting to pass the resolution on the squeeze-out shall be convened for Q1 2025.

 

Contact:

Ralf Dibbern
Manager Reporting & Advisory
Steinstr. 7
20095 Hamburg
[phone]
[e-mail]

 

Further information:
www.alstria.de
www.beehive.work
www.linkedin.com/company/alstria-office-reit-ag

 

About alstria

alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate. alstria strives for sustainable long-term value creation while taking advantage of short-term arbitrage of inefficiencies in the real estate markets.