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CPI PROPERTY GROUP announces mandatory takeover bid of its wholly owned subsidiary Nukasso (CYP) - Seite 2

the Bidder three indirect holdings in ORCO Property Group on account of the
Bidder being the controlling entity of all three entities concerned. As a
result of the acquisitions, Aspley Ventures Limted, Fetumar Development
Limited and Jagapa Limited qualify as persons acting in concert with the
Bidder under the Takeover pursuant to article 2 (2) of the Takeover Bid
Law.

Finally, the Bidder is 100% owned by CPI PROPERTY GROUP, a public limited
liability company (société anonyme) which has been incorporated under the
laws of Luxembourg and which is registered with the Luxembourg Trade and
Companies Register under number B 102254. The beneficial owner of CPI
PROPERTY GROUP is Mr. Radovan Vítek, holding approximately 94.5% of voting
rights in CPI PROPERTY GROUP.

Pursuant to article 6 (2) of the Takeover Bid Law Nukasso (CYP) will draw
up and make public an offer document regarding the Offer (the "Offer
Document"). The Offer Document will be submitted for approval to the
Commission de Surveillance du Secteur Financier (CSSF) in its capacity as
competent supervisory authority in accordance with article 4 (2) (a) of the
Takeover Bid Law within ten working days from the date of this press
release. Once approved the Offer Document will be published on the website
of CPI PROPERTY GROUP under www.cpipg.com and on the website of the
Luxembourg Stock Exchange under www.bourse.lu.

For further information please contact:

Kirchhoff Consult AG
Andrew Stammler
Herrengraben 1
20459 Hamburg
T [phone]
F [phone]
E [e-mail]


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08.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Dusseldorf, Stuttgart


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470319 08.06.2016