DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE Deutsche Mittelstand Real Estate AG buys back about 2.000.000 own shares in the course of its public share purchase offer to buy back shares
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Share Buyback
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DEMIRE Deutsche Mittelstand Real Estate AG buys back about 2.000.000 own shares in the course of its public share purchase offer to buy back shares
Langen, 23 July 2020 - In the course of the voluntary public share purchase offer to buy back shares of DEMIRE Deutsche Mittelstand Real Estate AG (WKN A0XFSF / ISIN DE000A0XFSF0) (the "Company") announced on 24 June 2020 at 14:23 (CEST), the Company buys back 1,999,999 shares.
A total number of 3,028,587 shares has been tendered to the Company for buyback by its shareholders during the period to accept the offer. In accordance with number 3.5 of the offer document, the declarations of acceptance will be considered proportionally in the ratio of the 2,000,000 shares to the aggregate number of shares tendered for buyback, and therefore, the allotment ratio is 66.0338 %. The Company makes use of the option of a privileged acceptance of smaller numbers of shares in the volume of up to 100 shares tendered as provided for by the authorization granted by the general meeting of 29 May 2019. The shares tendered and accepted for buyback are expected to be transferred from the customer accounts by the custodian banks against payment of the offer price until 29 July 2020.
After completion of the transaction, the Company will hold - taking into consideration the 5,000 own shares already held previously - a total number of 2,004,999 own shares corresponding to about 1.86 % of the Company's current share capital.
Neither this release nor its content may be published, dispatched, distributed or disseminated within the United States of America, and in each case neither by means of utilization of any postal service nor by any other means or instruments of business communication between single states or foreign trade or any facilities of a national stock exchange of the United States of America. This includes, among others, submission by fax, electronic post, telex, telephone and the internet. Copies of this announcement or any other documents related to this announcement may also not be distributed or submitted to or within the United States of America.
This release does not contain or constitute an offer of, or the solicitation of an offer to purchase securities of the Company in the United States of America, in the Federal Republic of Germany or in any other jurisdiction.
|Company:||DEMIRE Deutsche Mittelstand Real Estate AG|
|Robert-Bosch-Straße 11 im 'the eleven'|
|63225 Langen (Hessen)|
|Phone:||+49 6103 37249-0|
|Fax:||+49 6103 37249-11|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||1100839|
|End of News||DGAP News Service|