GSW Immobilien AG
GSW Immobilien AG: Consensus reached regarding conclusion of a Domination Agreement between Deutsche Wohnen AG and GSW Immobilien AG
GSW Immobilien AG / Key word(s): Contract 07.03.2014 18:06 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Consensus reached regarding conclusion of a Domination Agreement between Deutsche Wohnen AG and GSW Immobilien AG Berlin, 7 March 2014 - Today, the management boards of Deutsche Wohnen AG and of GSW Immobilien AG agreed, with the approval of the respective supervisory board, to prepare a domination agreement between Deutsche Wohnen AG, as the controlling entity, and GSW Immobilien AG, as the controlled entity, and to conclude such agreement. Deutsche Wohnen AG will offer the minority shareholders of GSW Immobilien AG to acquire their shares in exchange for newly issued shares of Deutsche Wohnen AG, and the minority shareholders will be offered a compensation payment for the duration of the agreement. The companies will determine the final structure of the provisions regarding the consideration in shares and the annual compensation payment under the agreement on the basis of a company valuation and in accordance with legal requirements. GSW Immobilien AG expects that the decision to conclude the domination agreement will be voted on at the ordinary shareholders' meetings of Deutsche Wohnen AG and GSW Immobilien AG in June 2014. This information contains forward-looking statements that are based upon current views and assumptions of the GSW Immobilien AG management, which were made to its best knowledge. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors. In consideration of these risks, uncertainties and other factors, persons receiving these documents are advised not to unreasonably rely on these forward-looking statements. GSW Immobilien AG does not assume any obligation to update such forward-looking statements and to adjust them to any future results and developments. 07.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: GSW Immobilien AG Charlottenstraße 4 10969 Berlin Germany Phone: 030 68 99 99 0 Fax: 030 68 99 99 999 E-mail: kundenservice@gsw.de Internet: www.gsw.de ISIN: DE000GSW1111 WKN: GSW111 Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard); Freiverkehr in Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found