The most important topic on the agenda of the upcoming AGM of KWG Kommunale Wohnen AG is the change of its legal form in a German limited company (GmbH). This also means the end of its listing on the stock exchange. Minority shareholders, whose objection is recorded by the presiding notary public, will receive a pay-off (cash amount of EUR 11,08 per KWG share, according to §§ 207 a.f. "Umwandlungsgesetz" - Corporate Transformation Act). The adequacy of this cash compensation will be reviewed in the relevant judicial review proceedings (Spruchverfahren).
No comments:
Post a Comment