DGAP-News: CPI PROPERTY GROUP / Keyword (s): AGM / EGM
28.05.2021 / 18:34
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IPC Property Group
(anonimous society)
40, rue de la Vallée
L-2661 Luxembourg
RCS Luxembourg: B 102 254

Press release – Company news

Luxembourg, May 28, 2021

CPI PROPERTY GROUP – Annual General Meeting of Shareholders

The annual general meeting of shareholders of CPI PROPERTY GROUP (the “Company“) was held today in Luxembourg (the”AGM“), with approximately 93.6% of the voting rights present or represented. All resolutions were approved unanimously.

The General Meeting approved the statutory and consolidated annual accounts, as well as the allocation of the financial results for the fiscal year ended December 31, 2020. The General Meeting also granted discharge to the members of the Board of Directors of the Company and to the statutory auditor for the performance of their duties during the fiscal year ended December 31, 2020.

The general meeting further decided to reappoint the following persons as members of the board of directors of the company until the annual general meeting of 2022: Edward Hughes, Jonathan Lewis, Philippe Magistretti, Martin Nemecek, Tomas Salajka , Omar Sattar and Oliver Schlink. Martin Nemecek has been appointed Managing Director (managing director) the company. The AGM also re-approved Ernst & Young as the auditor of the company until the annual general meeting in 2022.

The general meeting finally approved the terms of a buyback program for the Company allowing the Company to buy back its own shares. In particular, the general meeting authorized the board of directors of the company to buy back, in one or more stages, a maximum number of one billion (1,000,000,000) shares of the company, for a purchase price included within the range of one euro cent (0.01 euro). -) and five euros (EUR 5.-). For the general conditions of the buyback authorization, please refer to the buyback program available on the Company’s website.

For more information, please contact:

Investor Relations

David Greenbaum
Financial director
[email protected]

Joe weaver
Director of Capital Markets
[email protected]

To learn more about CPI Property Group, visit our website: www.cpipg.com

05.28.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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