Ablon Group Limited Statement re Shareholder Notification (5982Y)
February 25 2013 - 7:45AM
UK Regulatory
TIDMABL
RNS Number : 5982Y
Ablon Group Limited
25 February 2013
FOR IMMEDIATE RELEASE 25 February 2013
Statement re Shareholder Notification
ABLON Group Limited ("ABLON" or the "Company"), a leading real
estate owner and developer in Central Europe, was informed today by
AURA Holding GmbH that Mr. Uri Heller as the ultimate beneficial
owner has sold 39 237 704 shares and that following this
transaction Mr Uri Heller no longer holds any ordinary shares in
the Company.
Through the Form 8 (DD) announcement published on 22 February
2013 ABLON was informed by CPI Group a.s. that it has bought 39 237
704 shares at 22.5 pence per share in the Company. Following this
transaction CPI Group a.s., with Mr Radovan Vítek as ultimate
beneficial owner, has 69 681 642 shares in ABLON that represents
50.89% of the voting rights and outstanding shares of the
Company.
The Company notes that as a result of the transaction CPI Group
a.s. became the parent company of ABLON Group. The purchase has
triggered an unconditional mandatory takeover offer for the
Company, which was announced via RNS on 22 February 2013.
For further information, please contact:
Alex Borrelli / Adrienn Lovro
Ablon Group Limited
+44 7747 020 600/+36 1 225 6600
Roland Cornish/Emily Staples
Beaumont Cornish Limited
+44 207 628 3396
About ABLON Group Limited
Founded in 1993 in Budapest (Hungary), ABLON and its
subsidiaries (together the "ABLON Group") has properties at 33
locations, of which there are 15 completed projects and 23
development projects in Budapest, Prague, Bucharest and Warsaw. Its
portfolio comprises a diversified mix of office, residential,
retail, logistics and hotel developments valued at EUR385 million
as at 30 June 2012. The ABLON Group had, as at 30 June 2012,
202,000 square metres of existing and income generating office,
residential, hotel, retail and logistics assets (at 15 locations)
in Budapest and Prague, with a significant development land bank
comprising a further 1,159,600 square metres (at 23 locations) in
Budapest, Prague, Bucharest and Warsaw. ABLON's shares are traded
on the Main Market of the London Stock Exchange under the ticker
'ABL'.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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