Market announcement
AS Pro Kapital Grupp
LEI code
097900BGM10000061519
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
10070
Submission date and time
24.01.2023 17:30:00
Content of announcement in Estonian
Title
AS Pro Kapital Grupp loobub hotelliettevõtte ostmisest Sitsiilias
Message
AS Pro Kapital Grupp (Pro Kapital) allkirjastas 26. aprillil 2022 eellepingu, millega avaldas soovi osta 100% osaluse ettevõttes P.K. Sicily S.P.A. (registreeritud Milanos, Itaalias), mis omab ja opereerib hotelli Domina Zagarella Sicily. Antud lepingu sõlmimisega reserveeris Pro Kapital oma õigused soetada ettevõtte osalus 12 miljoni euro eest ning alustas juriidilist ja finantsilist due diligence'i. Tulenevalt due diligence'i tulemustest ja võttes arvesse praegust ülemaailmset majandusolukorda, leiab Pro Kapital, et osade omandamine ei ole majanduslikult otstarbekas ning seega loobub Pro Kapital itaalia hotelliettevõtte osaluse omandamisest. Edoardo Axel Preatoni Juhatuse liige Tel: 614 4920 Email: [email protected] (mailto:[email protected])
Content of announcement in English
Title
AS Pro Kapital Grupp withdraws from acquisition of hotel company in Sicily
Message
AS Pro Kapital Grupp (Pro Kapital) has signed on 26 April 2022 a preliminary agreement with an intention to buy 100% of the shares of P.K. Sicily S.P.A. (registered office in Milan, Italy), which owns and operates hotel Domina Zagarella Sicily. With this agreement Pro Kapital, as a promissory buyer, reserved its rights to buy the shares for the price of 12 million euros and initiated legal and financial due diligence. Due to the due diligence results and taking into account the current global economic situation, Pro Kapital considers that the acquisition is not economically feasible and therefore Pro Kapital withdraws from acquiring the hotel company in Italy. Edoardo Axel Preatoni Member of the Management Board Phone: +372 614 4920 Email: [email protected]