09.09.2021 Adler Group S.A.  LU1250154413

DGAP-News: ADLER welcomes finding of the European Court of Justice: Austrian Takeover Commission does not comply with European law - notices against ADLER irrelevant


 

DGAP-News: Adler Group S.A. / Key word(s): Legal Matter
ADLER welcomes finding of the European Court of Justice: Austrian Takeover Commission does not comply with European law - notices against ADLER irrelevant

09.09.2021 / 16:10
The issuer is solely responsible for the content of this announcement.


ADLER welcomes finding of the European Court of Justice: Austrian Takeover Commission does not comply with European law - notices against ADLER irrelevant

  • Austrian Takeover Commission should not be "investigator", "prosecutor" and "judge" in one institution
  • Austrian Takeover Commission's unlawful notices against ADLER not binding

Berlin, 9 September 2021 - Adler Group S.A. welcomes today's finding by the European Court of Justice ("ECJ") that the Austrian Takeover Commission ("ATC"), in its current structure and with the appeal possibilities available to it, does not act independently and does not comply with European law. Thus, the ATC should not be "investigator", "prosecutor" and "judge" in one institution. Since the ATC is not independent in the sense of European law, market participants must have the possibility to have decisions of the ATC fully reviewed by an independent court.

Therefore, in the opinion of the ECJ, determination and administrative penalty notices issued by the ATC against market participants cannot have any binding effect on any civil or administrative proceedings. With the ECJ's finding, the ATCs notices issued against ADLER therefore also have no binding effect in civil and administrative proceedings and are therefore irrelevant.

In March 2016, the ATC had accused ADLER, together with other parties to the proceedings, of acting as joint legal entities in the course of the planned takeover of conwert Immobilien Invest SE ("conwert") and of so-called "acting in concert". ADLER had been prevented from subjecting this finding of the ATC to a review by an independent court and from obtaining a legal hearing. In subsequent proceedings, ADLER therefore suggested that the ATC's actions be examined for violations of European law.

ADLER has always emphasised that there were no agreements or arrangements between it and other conwert shareholders regarding the takeover of conwert. ADLER already sold its stake in conwert to Vonovia SE in January 2017 as part of Vonovia SE's voluntary offer to conwert shareholders.

Contact:

Investor Relations:
T +352 278 456 710
F +352 203 015 00
E [email protected]

Media Relations:

T +49 30 403907 164

E [email protected]



09.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Adler Group S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Phone: +352 278 456 710
Fax: +352 203 015 00
E-mail: [email protected]
Internet: www.adler-group.com
ISIN: LU1250154413
WKN: A14U78
Indices: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
EQS News ID: 1232428

 
End of News DGAP News Service

1232428  09.09.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 75,75 109,78 128,85 154,85 156,52 758,74 0,00
EBITDA1,2 49,98 66,63 77,09 93,78 93,81 555,58 0,00
EBITDA-Marge3 65,98 60,69 59,83 60,56 59,93 73,22 0,00
EBIT1,4 49,72 66,27 80,55 93,25 613,92 544,28 0,00
EBIT-Marge5 65,64 60,37 62,51 60,22 392,23 71,73 0,00
Jahresüberschuss1 156,01 410,77 367,51 397,46 606,92 229,46 0,00
Netto-Marge6 205,95 374,18 285,22 256,67 387,76 30,24 0,00
Cashflow1,7 55,72 76,38 86,85 103,93 88,76 120,30 0,00
Ergebnis je Aktie8 5,04 10,11 8,07 8,77 12,74 1,99 1,25
Dividende8 0,35 0,45 0,60 0,75 0,75 0,46 0,23
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Adler Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A14U78 11,110 Verkaufen 1.305,54
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,11 6,40 1,78 1,93
KBV KCV KUV EV/EBITDA
0,32 10,85 1,72 16,09
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,46 0,23 2,07 29.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.05.2021 31.08.2021 30.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-20,01% -45,78% -61,69% -54,54%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Adler Group S.A.  ISIN: LU1250154413 können Sie bei DGAP abrufen

Immobilien (Wohn) , A14U78 , ADJ , XETR:ADJ