on GSG GROUP S.A. (isin : LU0251710041)
CPI Property Group Holds Extraordinary General Meeting of Shareholders
The extraordinary general meeting (EGM) of CPI Property Group was held today in Luxembourg. Approximately 94.56% of the voting rights were represented.
The EGM resolved to decrease the corporate capital from EUR 861,952,279.10 to EUR 86,195,227.91. This was achieved without cancelling any shares, by reducing the par value of shares from EUR 0.10 to EUR 0.01 per share. The reduction aims to simplify future measures within the group. The proceeds from this reduction were allocated to a reserve.
The modifications to the Company's articles of association to reflect the capital decrease were also approved. All resolutions passed with 100% of the votes cast.
R. H.
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