EQS-News: Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited

EQS-News: Atrium European Real Estate Limited / Key word(s): Delisting
   Atrium European Real Estate Limited: Expiry of objections period in
   respect of the Merger between Atrium and Gazit Hercules 2020 Limited

   14.01.2022 / 10:56
   The issuer is solely responsible for the content of this announcement.

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   Expiry of objections period in respect of the Merger between Atrium and
   Gazit Hercules 2020 Limited

   Merger is expected to close on 18 February 2022

   Jersey, 14 January 2022 - On 23 December 2021, the shareholders of Atrium
   European Real Estate Limited (VSE/Euronext: ATRS), ("Atrium" or the
   "Company") approved the terms of the proposed merger between Atrium and
   Gazit Hercules 2020 Limited ("Newco"), which is an indirect wholly-owned
   subsidiary of Gazit-Globe Ltd ("Gazit") (the "Acquisition").

   The Acquisition is to be implemented by means of a statutory merger
   between the Company and Newco under Part 18B of the Companies (Jersey) Law
   1991, as amended (the "Merger"). Post-completion of the Merger, Atrium
   will continue as the surviving entity, wholly-owned by Gazit. Full details
   of the Merger are contained in the circular published by Atrium on 23
   November 2021 (the "Shareholder Circular").

   On 23 December 2021, a notice in relation to the proposed Merger was, in
   accordance with the Companies Law, (i) dispatched to creditors of Atrium
   and (ii) published in the Jersey Evening Post. Pursuant to the Companies
   Law, creditors were entitled to deliver to Atrium a written objection to
   the Merger and Atrium Shareholders were entitled to apply to the Court for
   an order under the Companies Law on the grounds that the Merger would
   unfairly prejudice the interests of the shareholder.

   The last date for lodgment of a creditor objection or a shareholder
   objection to the Merger in accordance with the Companies Law was 13
   January 2022.

   Atrium is pleased to announce that no objections were received from Atrium
   creditors or Atrium Shareholders and there are currently no proposed
   changes to the indicative timetable in respect of the Merger as set out in
   the Shareholder Circular and the press release issued by the Company on 23
   December 2021.

   The Merger is expected to close on 18 February 2022.

   Save as otherwise defined, capitalised terms used but not defined in this
   press announcement shall have the meaning given to them in the Shareholder
   Circular.

   Enquiries

   FTI Consulting Inc.: +44 (0)20 3727 1000

   Richard Sunderland/ Claire Turvey/ Andrew Davis/ Ellie Sweeney:
   [1][email protected]

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   14.01.2022 This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Atrium European Real Estate Limited
                11-15 Seaton Place
                JE4 0QH St. Helier
                Jersey Guernsey
   ISIN:        JE00B3DCF752
   WKN:         A0X963
   Listed:      Amsterdam, Vienna Stock Exchange (Official Market)
   EQS News ID: 1268929


    
   End of News EQS News Service


   1268929  14.01.2022 


References

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