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WCM BET.GRD.AGO.N.
WCM BET.GRD.AGO.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
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Type: Stocks
Ticker: WCMK
ISIN: DE000A1X3X33

DGAP-Adhoc: WCM Beteiligungs- und Grundbesitz-AG:

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DGAP-Ad-hoc: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Mergers & Acquisitions/Change of Personnel
WCM Beteiligungs- und Grundbesitz-AG:

29-Sep-2017 / 13:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc Release pursuant to Article 17 Market Abuse Regulation: Execution of termination agreements by members of the management agreement in connection with the settlement of the Takeover Offer and the intended entering into a domination agreement with TLG IMMOBILIEN AG

Frankfurt, 29 September 2017. The members of the management board of WCM Beteiligungs- und Grundbesitz-Aktiengesellschaft ("WCM", ISIN: DE000A1X3X33), Mr. Stavros Efremidis and Mr. Ralf Struckmeyer, have today executed termination agreements with the company and will resign from the management board on 30 November 2017. The termination agreements are conditional upon the settlement of the takeover.

These changes in the management board of WCM are related to the takeover of WCM by TLG IMMOBILIEN AG and the intention to enter into a domination agreement as was announced today. TLG IMMOBILIEN AG announced today that it has the intention to enter into a domination agreement. The then still outside shareholders of WCM will receive a compensation offer for the acquisition of their shares against fair consideration solely in the form of newly issued shares of TLG IMMOBILIEN AG and an annual compensation payment in the form of a guaranteed dividend.

Contact
Gunnar Janssen
Investor Relations
WCM Beteiligungs- und Grundbesitz-AG
Bleichstr. 64-66
60313 Frankfurt am Main
Tel: +49 69 963 7319 10
Email: g.janssen(at)wcm.de
www.wcm.de

ISIN: DE000A1X3X33
WKN: A1X3X3
Indices: SDAX
Stock Exchanges: Frankfurt Regulated Market (Prime Standard)




Contact:
Hubert Hesse
Legal Department WCM AG
Bleichstraße 64-66
60313 Frankfurt am Main
Tel. +49 69 963 731 903
Email [email protected]

29-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: WCM Beteiligungs- und Grundbesitz-AG
Bleichstr. 64-66
60313 Frankfurt am Main
Germany
Phone: +49 (0)69 963 7319-10
Fax: +49 (0)69 963 7319-20
E-mail: [email protected]
Internet: www.wcm.de
ISIN: DE000A1X3X33
WKN: A1X3X33
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Stuttgart; Regulated Unofficial Market in Munich, Tradegate Exchange

 
End of Announcement DGAP News Service

614513  29-Sep-2017 CET/CEST

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