PTA-PVR: conwert Immobilien Invest SE: Change in share of voting rights

8/20/2015, 10:20 AM (Source: pressetext)
Vienna (pta007/20.08.2015/10:20) - conwert Immobilien Invest SE (conwert) announces pursuant to sec. 93 para. 2 Stock Exchange Act that on 19 August 2015 ADLER Real Estate AG with its corporate seat in Frankfurt am Main, Germany (ADLER), has reported the following pursuant to sec. 91 para. 1 in conjunction with sec. 92 sub-para. 4 Stock Exchange Act:

Holding announcement according to article 93 section 2 BörseG

Vienna (pta007/20.08.2015/10:20) - conwert Immobilien Invest SE (conwert) announces pursuant to sec. 93 para. 2 Stock Exchange Act that on 19 August 2015 ADLER Real Estate AG with its corporate seat in Frankfurt am Main, Germany (ADLER), has reported the following pursuant to sec. 91 para. 1 in conjunction with sec. 92 sub-para. 4 Stock Exchange Act:

As of 17 August 2015, ADLER holds indirectly via an entity controlled by ADLER more than 20% of the voting rights in conwert and has exceeded the thresholds of 4%, 5%, 10%, 15% and 20% of voting rights in conwert on 17 August 2015.

Prior to the purchase transaction which has triggered the reporting requirement, ADLER did not hold any voting rights in conwert.

On 17 August 2015 ADLER acquired 100 % of the voting rights and shares of MountainPeak Trading Limited, Dositheou 42, Strovolos 2028, Nicosia, Cyprus (MountainPeak). MountainPeak for its part holds 24.79% of the voting rights in conwert which relate to 21,160,921 shares of conwert. Since this purchase transaction dated 17 August 2015 which triggered the reporting requirement, ADLER has been holding indirectly (via MountainPeak) 24.79% of the voting rights in conwert which relate to 21,160,921 shares of conwert.

+ Number and percentage of voting rights:
ADLER: 21,160,921 shares respectively 24.79% of the voting rights in conwert

+ Chain of controlling entities over which the voting rights can be effectively exercised:
ADLER holds 100% of the voting rights in MountainPeak (thus a controlling participation in terms of sec. 92 sub-para. 4 Stock Exchange Act) which in turn holds 24.79 % of the voting rights in conwert

+ Date when the threshold of 20% was exceeded:
17 August 2015

+ Name of the shareholder and the persons who are entitled to exercise voting rights in the name of the shareholder:
Not applicable

conwert further announces pursuant to sec. 93 para. 2 Stock Exchange Act that on 19 August 2015 Longway Trading Limited with its corporate seat in Tortola, British Virgin Islands (Longway), has reported the following pursuant to sec. 91 para. 1 Stock Exchange Act:

With share purchase agreement dated 17 August 2015, concluded between ADLER as purchaser and Longway as seller, the seller sold and transferred 100% of its shares in MountainPeak to the purchaser. The transfer in rem of all shares of MountainPeak was effected at the same time on 17 August 2015 (Effective Date).

Until the Effective Date MountainPeak has been wholly owned by Longway which in turn is wholly owned by The GoodVision Trust. The sole beneficiary of The GoodVision Trust is Teddy Sagi.

As of the Effective Date, MountainPeak directly held 21,160,921 voting shares of conwert. This corresponds to a participation of 24.79% of the nominal share capital of and the voting rights in conwert.

Upon the transfer of the shares of MountainPeak held by the seller as of 17 August 2015 the following indirect ownership thresholds have been undercut:

The share of voting rights in conwert indirectly imputable to Longway has fallen below the ownership thresholds of 20%, 15%, 10%, 5% and 4%. The share of voting rights in conwert from now on being indirectly imputable to Longway amounts to 0%.

(end)

emitter: conwert Immobilien Invest SE
address: Alserbachstraße 32, 1090 Vienna
country: Austria
contact person: Clemens Billek
phone: +43 1 52145-700
e-mail: cwi@conwert.at
website: www.conwert.at

ISIN(s): AT0000697750 (share)
stock exchanges: official trade in Vienna

[ source: http://www.pressetext.com/news/20150820007 ]