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EQS-Adhoc: PREOS: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required

eqs_en 
0 0 28.06.24
EQS-Adhoc: PREOS: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required
 

EQS-Ad-hoc: PREOS Global Office Real Estate Technology AG / Key word(s): Legal Matter
PREOS: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required

28-Jun-2024 / 15:35 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 AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information in accordance with Art. 17 of Regulation (EU) No. 596/2014

PREOS Global Office Real Estate Technology AG: Frankfurt Higher Regional Court rejects application for release regarding the resolutions on the 7.5% PREOS convertible bond 2019/2024 / Insolvency application now required

Frankfurt am Main, June 28, 2024 - PREOS Global Office Real Estate Technology AG ("PREOS", ISIN DE000A2LQ850) announces that the Higher Regional Court in Frankfurt am Main today rejected the company's application for approval to implement the resolutions of the vote without meeting from December 1 to December 3, 2023 for the 7.5% PREOS convertible bond 2019/2024 (ISIN: DE000A254NA6). This means that the resolutions to restructure the PREOS convertible bond cannot be implemented as planned by PREOS.  Against this background, PREOS is required to file for insolvency by July 1, 2024.
 


End of Inside Information

28-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: PREOS Global Office Real Estate Technology AG
Bockenheimer Landstraße 2-4
60306 Frankfurt/Main
Germany
Phone: +49 695973566
E-mail: [email protected]
Internet: www.preos.de
ISIN: DE000A2LQ850
WKN: A2LQ85
Listed: Regulated Unofficial Market in Frankfurt, Munich
EQS News ID: 1935989

 
End of Announcement EQS News Service

1935989  28-Jun-2024 CET/CEST

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Preos Real Estate AG Stock

€0.021
-50.000%
Heavy losses for Preos Real Estate AG today as the stock fell by -€0.014 (-50.000%).

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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