PRESS RELEASE

from CGRE AG (isin : DE000A0N3EU3)

EQS-Adhoc: CGRE AG: Transfer of 4,000,000 bearer shares to CG Commercial Asset GmbH

EQS-Ad-hoc: CGRE AG / Key word(s): Capital Increase/Corporate Action
CGRE AG: Transfer of 4,000,000 bearer shares to CG Commercial Asset GmbH

27-Jun-2024 / 17:22 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.


CGRE AG has successfully completed its capital increase announced on 19 February and transferred the newly created shares.

As stipulated in the basic agreement concluded with Gröner Group AG, Berlin, on 19 February 2024, the acquisition of an indirect 89.9% stake in five real estate projects of Gröner Group AG in return for new shares in the company has been completed. For this purpose, the share capital was increased by EUR 4,000,000.00 from EUR 2,000,000.00 to EUR 6,000,000.00. Shareholders' subscription rights were excluded. The 4,000,000 bearer shares were transferred today to the authorised subscriber, CG Commercial Asset GmbH, Berlin.


End of Inside Information

27-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:English
Company:CGRE AG
Wachsmuthstraße 4
04229 Leipzig
Germany
Phone:+49 (0)341 26 98 4-0
Fax:+49 (0)341 26 98 4-31
E-mail:aktie@cgre.ag
Internet:www.cgre.ag
ISIN:DE000A0N3EU3
WKN:A0N3EU
Listed:Regulated Unofficial Market in Frankfurt (Basic Board)
EQS News ID:1934987

 
End of AnnouncementEQS News Service

1934987  27-Jun-2024 CET/CEST

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