Executive Board approves transfer of 4 registered shares to Immofinanz AG

CA Immobilien Anlagen AG announces, that after thorough review, its management board has given its consent to the request of O1 Group Ltd to transfer the four registered shares to Immofinanz AG.

The management board also decided to mandate J.P. Morgan and Ithuba Capital as financial advisors for the potential merger with Immofinanz. Frank Nickel, CEO of CA Immo: “We are well prepared for negotiations. In the interest of our shareholders we will carefully evaluate the advantages and disadvantages of a potential merger with Immofinanz. We see a fair and transparent process as a key element to provide our shareholders with a well founded basis for their decision in a future shareholders meeting whereas a 75% approval will be necessary.“