DGAP-News: CPI PROPERTY GROUP - Extraordinary General Meetings of Shareholders held on 14 May 2018

CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

PRESS RELEASE
Luxembourg, 14 May 2018

CPI PROPERTY GROUP - Extraordinary General Meetings of Shareholders held on 14 May 2018

The extraordinary general meeting of the shareholders of CPI PROPERTY GROUP (the "Company") was held on 14 May 2018 in front of a notary public (the "EGM"), with shareholders holding approximately 81.5 percent of the Company's shares (and 88 percent of the Company's shares entitled to vote), present or represented.

The EGM resolved to decrease the corporate capital of the Company by the amount of EUR 72,485,395.20 by means of cancellation of 724,853,952 shares held in treasury by the Company, with allocation of the reduction proceeds to a reserve of the Company, which will be available for distribution to the shareholders of the Company in accordance with the Luxembourg company law. The purpose of this capital decrease was to cancel the Company shares held in treasury by the Company.

The EGM also approved the modifications of the Company's articles of association reflecting the above capital reduction decided during the EGM.

The share capital of the Company now amounts to EUR 901,386,865.80 represented by 9,013,868,658 ordinary shares with par value of EUR 0.10 each.

For further information please contact:
INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com

MEDIA/PR

Kirchhoff Consult AG
Andreas Friedemann
Borselstraße 20
22765 Hamburg
T +49 40 60 91 86 50
F +49 40 60 91 86 60
E andreas.friedemann@kirchhoff.de