The Grounds Real Estate Development AG: Capital increase from authorised capital against cash contributions
As already published in Wertpapier-Mitteilungen (German gazette with securities announcements), a capital increase in the class of The Grounds Real Estate Development AG (ISIN DE000A2GSVV5) at a ratio of 2:6 will take place.
The creation of holdings in the new shares of The Grounds Real Estate Development AG, New Registered Shares (ISIN DE000A40KXL9) is expected to take place on 30 December 2024 in unregistered positions (Freier Meldebstand - FMB).
Registration of shareholders in the share register
The registration of shareholders in the issuer's share register is carried out by the depository banks via re-registration in CASCADE-RS using the re-registration type "2" (other not from purchase).
Reimbursement
For re-registrations that are transmitted between 30 December 2024 and 6 January 2025, Clearstream Banking AG1 will charge a discounted price of EUR 0.30 per position. After this time period, clients will be reimbursed accordingly.
Note about submission planning
Due to the processing capacities in the share register and in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be arranged in advance with Client Services. Within the scope of overall coordination, CBF reserves the right to reject file transfers that have not been arranged in advance.
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1. This announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.