Notification of Major Holdings
1. Details of issuer
Name: |
ADLER Real Estate AG |
Street: |
Joachimsthaler Straße 34 |
Postal code: |
10719 |
City: |
Berlin Germany |
Legal Entity Identifier (LEI): |
529900Y6QFNN3D363B76 |
2. Reason for notification
|
Acquisition/disposal of shares with voting rights |
X |
Acquisition/disposal of instruments |
|
Change of breakdown of voting rights |
|
Other reason:
|
3. Details of person subject to the notification obligation
Legal entity: ADO Properties S.A. City of registered office, country: Senningerberg, Luxembourg |
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
|
% of voting rights attached to shares (total of 7.a.) |
% of voting rights through instruments (total of 7.b.1 + 7.b.2) |
Total of both in % (7.a. + 7.b.) |
Total number of voting rights pursuant to Sec. 41 WpHG |
New |
0 % |
52.21 % |
52.21 % |
71,063,743 |
Previous notification |
n/a % |
n/a % |
n/a % |
/ |
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN |
Absolute |
In % |
|
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
|
|
|
% |
% |
Total |
|
% |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument |
Expiration or maturity date |
Exercise or conversion period |
Voting rights absolute |
Voting rights in % |
|
|
|
|
% |
|
|
Total |
|
% |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument |
Expiration or maturity date |
Exercise or conversion period |
Cash or physical settlement |
Voting rights absolute |
Voting rights in % |
Irrevocable undertaking to accept a public offer (Irrevocable Undertaking) |
|
at the third day of the initial acceptance period |
Physical |
18991631 |
26.72 % |
partially revocable undertaking to accept a public offer (Irrevocable Undertaking) |
|
at the third day of the initial acceptance period |
Physical |
18107930 |
25.48 % |
|
|
|
Total |
37099561 |
52.21 % |
8. Information in relation to the person subject to the notification obligation
X |
Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). |
|
Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |
Name |
% of voting rights (if at least 3% or more) |
% of voting rights through instruments (if at least 5% or more) |
Total of both (if at least 5% or more) |
|
|
|
|
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights |
Proportion of instruments |
Total of both |
% |
% |
% |
10. Other explanatory remarks:
On December 15, 2019 ADO Properties S.A. (“ADO Properties”) has announced its decision to offer the shareholders of ADLER Real Estate Aktiengesellschaft (“ADLER”) to purchase their no-par value bearer shares by way of a voluntary public takeover offer in the form of a share for share offer (“Share for Share Offer”). In this connection ADO Properties concluded irrevocable undertakings on December 15, 2019 to accept a public offer (“Irrevocable Undertaking”) with 10 individual shareholders. The shareholders bound by the irrevocable undertakings have undertaken to accept the offer at the third day of the initial acceptance period at the latest. In addition, also on December 15, 2019, ADO Properties has concluded with 2 individual shareholders partially revocable undertakings to accept the offer. The possibility of the partial revocation applies if more than 90% accept the Share for Share Offer. |
Date