DGAP-News: Brookline Real Estate S.à r.l. / Key word(s): Offer Mandatory offer for Accentro Real Estate AG shares launched Luxembourg, 11 January 2018 - Brookline Real Estate S.à r.l. ("Brookline Real Estate"), a holding company controlled by Brookline Capital LP, which is advised by Vestigo Capital Advisors LLP, a London-based investment company, today published the offer document for the mandatory offer for all no-par value bearer shares in Accentro Real Estate AG ("Accentro"). The publication of the offer document was approved by the German Federal Financial Supervisory Authority ("BaFin") in accordance with the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz). Today's publication of the offer documents kicks off the acceptance period. Accentro shareholders can now accept the mandatory offer during the acceptance period, which ends on 8 February 2018, 24:00 hrs (local time Frankfurt am Main) / 18:00 hrs (local time New York). Brookline Real Estate offers Accentro shareholders EUR7.69 per Accentro share in cash. The offer price represents the weighted average domestic stock exchange price for the last three months prior to the announcement of the mandatory takeover offer on 30 November 2017. The takeover of Accentro shares by Brookline Real Estate pursuant to the mandatory offer is not subject to any regulatory approvals. The offer document has been published online (in German with a non-binding English translation) and can be accessed at http://brookline-real-estate-takeover-offer.de. Print copies are available free of charge at Baader Bank Aktiengesellschaft, Weihenstephaner Straße 4, 85716 Unterschleißheim, Germany (inquiries by fax to +49 89 5150 291400 or via email to documentation@baaderbank.de). Kirkland & Ellis International LLP is providing legal advice to Brookline Real Estate.
Brookline Real Estate S.à r.l. is a holding company controlled by Brookline Capital LP advised by Vestigo Capital Advisors LLP ("Vestigo Capital"). Vestigo Capital is a FCA-regulated investment company that provides advice to funds and other types of investment structures with a cumulative portfolio of USD 250 million in assets under management. It currently focuses on opportunities in renewable energy, real estate, infrastructure and hospitality sectors. For more information visit http://www.vestigocapital.com.
Maximilian Karpf
This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of Accentro. The terms of the offer, as well as further provisions concerning the offer, have been published in the offer document. The publication of the offer document has been approved by BaFin. Investors and holders of shares in Accentro are strongly advised to read the offer document and all other relevant documents regarding the offer, since they contain important information. This offer and the contracts concluded as a result of the acceptance of the offer shall be governed by German law and are to be interpreted in accordance with such law. Luxembourg, 11 January 2018 Brookline Real Estate S.à r.l.
11.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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