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Abonner Atrium European Real Estate Limited

Atrium European Real Estate Limited

euro adhoc: Atrium European Real Estate Limited
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ATC REQUEST

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
30.12.2008
AUSTRIAN TAKEOVER COMMISSION ("ATC") REQUESTS ATRIUM EUROPEAN REAL 
ESTATE LIMITED ("ATRIUM") RESPONSE TO ENQUIRIES AND INDICATES ITS 
INTENTION TO INITIATE A FORMAL PROCEEDING PURSUANT TO ARTICLE 33 PARA
1 OF THE AUSTRIAN TAKEOVER ACT
Jersey, 30 December, 2008: Atrium European Real Estate Limited 
("Atrium")  (ATX: ATR) confirms that  it  has  received  a  request  
from  the  Austrian  Takeover Commission  ("ATC")  for  its  opinion 
(i)  in  relation  to  various  criteria identified by the ATC as 
important in assessing the application of the  Austrian Takeover Act 
("ATA") to Atrium at the time partly paid  shares  were  issued  to 
Tshela Nominees AVV in 2006, (ii) whether such shares  conferred  a  
controlling interest in Atrium (as defined in article 22 of the ATA),
(iii)  whether  there was a consequential breach of any obligation to
make a mandatory bid to  acquire outstanding certificates of Atrium 
and (iv) whether Meinl  Bank  AG  and  Julius Meinl AG were concerted
with Tshela Nominees AVV.  Atrium is requested  to  give its response
by January 30, 2009.
In the request, the ATC has stated that the Second Senate of the ATC 
intends  to initiate a formal proceeding pursuant to  article  33  
para  1  of  the  ATA  to scrutinize these issues.  It is assumed the
final determination to initiate  any
such proceeding will take into  account  the  responses  received  by  the  ATC.
Further, there can be no certainty as to the  timing  or  outcome  of  any  such
proceeding.
For further information:
Financial Dynamics:                                +44 (0)20 7831 3113
Richard Sunderland
Stephanie Highett
Laurence Jones 
Richard.sunderland@fd.com
end of announcement                               euro adhoc

Further inquiry note:

Financial Dynamics, London
Stephanie Highett / Richard Sunderland
Phone: +44 (0)20 7831 3113
mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Standard Market Continous
Börsen: Wiener Börse AG / official market

Plus de actualités: Atrium European Real Estate Limited
Plus de actualités: Atrium European Real Estate Limited