Back Ad-Hoc News

ADLER Real Estate AG: High Court of Justice of England and Wales sanctions the restructuring plan

ADLER Real Estate AG / Key word(s): Capital Reorganisation
ADLER Real Estate AG: High Court of Justice of England and Wales sanctions the restructuring plan

12-Apr-2023 / 12:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of a notice pursuant to Article 17 (1) of the Market Abuse Regulation (Regulation (EU) No. 596/2014)

——————————————————————————–

High Court of Justice of England and Wales sanctions the restructuring plan

Berlin, 12 April 2023 – Today, the High Court of Justice of England and Wales sanctioned the restructuring plan under Part 26A of the Companies Act 2006 of AGPS BondCo PLC, a 100% subsidiary of Adler Group S.A, parent company of ADLER Real Estate AG.

With the sanctioning, material requirements for the implementation of the amendments of the terms and conditions of the notes of AGPS BondCo PLC are being met and new money will be provided by a group of bondholders to the Adler group of companies.

The funding of the new money is subject to the fulfillment of further closing conditions.

 

Notifying Person:
Gundolf Moritz, Head of Investor Relations
+49 151 23680993
g.moritz@adler-group.com

 

Berlin, 12 April 2023

ADLER Real Estate Aktiengesellschaft
Management Board

 

 

 

 

 



End of Inside Information

12-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


 


 

show this