Branicks Group AG / DE000A1X3XX4
07.07.2025 - 22:45:13Branicks Group AG: Bundling of business with institutional investors at VIB Vermögen AG, settlement of the loan due
EQS-Ad-hoc: Branicks Group AG / Key word(s): Real Estate/Miscellaneous 07-Jul-2025 / 22:45 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. The issuer is solely responsible for the content of this announcement. Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 Frankfurt, 07. 07. 2025 - Branicks Group AG (‘Branicks’), ISIN: DE000A1X3XX4, bundles the Group's business with institutional investors (Institutional Business) within the Group at VIB Vermögen AG (VIB). The transfer of the business from Branicks Group AG to the fully consolidated VIB Vermögen AG, which was agreed today with VIB Vermögen AG, is intended to reduce the complexity of the shareholder structure within the Group. The volume of the transfer is around EUR 360 million. There are no changes to the commercial portfolio of Branicks Group AG. The closing of the transaction is still subject to the usual, purely formal closing conditions. Branicks and VIB have agreed that upon completion of the transfer, all claims of VIB Vermögen AG against Branicks Group AG arising from the loan granted by VIB Vermögen AG to Branicks Group AG on 7 July 2023 in the amount of around EUR 300 million will be offset. End of Inside Information 07-Jul-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | Branicks Group AG |
Neue Mainzer Straße 32-36 | |
60311 Frankfurt am Main | |
Germany | |
Phone: | +49 69 9454858-1492 |
Fax: | +49 69 9454858-9399 |
E-mail: | ir@branicks.com |
Internet: | www.branicks.com |
ISIN: | DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 |
WKN: | A1X3XX, A12T64, A2GSCV, A2NBZG |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 2166454 |
End of Announcement | EQS News Service |
|