March 13, 2018 / 6:44 AM / 3 months ago

BRIEF- CPI PROPERTY GROUP presents results of share buyback offer

March 13(Reuters) - CPI PROPERTY GROUP:

* SAID ON MONDAY PRESENTED RESULTS OF THE SHARE BUYBACK OFFER

* TOTAL OF 724,853,952 SHARES IN THE COMPANY HAVE BEEN PRESENTED TO THE OFFER FOR THE PROPOSED ACQUISITION PRICE OF EUR 0.20 PER SHARE (REPRESENTING IN AGGREGATE APP. EUR 145 MILLION)

* THIS REPRESENTS A DIRECT HOLDING BY THE COMPANY OF 7.64% OF THE COMPANY’S SHARE CAPITAL AND 7.64% OF THE VOTING RIGHTS IN THE COMPANY

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Further company coverage: (Gdynia Newsroom)

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