ORCO PROPERTY PRESS RELEASE
ORCO PROPERTY GROUP - Major Shareholding Notifications
Luxembourg, 18 November 2014
ORCO PROPERTY GROUP (the "Company") has been notified about the following major shareholding notifications in relation to its capital increase of 10 November 2014.
On 13 November 2014 Fetumar Development Limited, an entity which is beneficially owned by Mr. Jan Gerner, notified the Company that it crossed 5%, 10%, 15%, 20%, 25% and 30% thresholds in Company's shareholding as a consequence of the acquisition of voting rights on 10 November 2014. As of 10 November 2014 Fetumar Development Limited directly holds 100,000,000 Company shares, representing 31.80% of the voting rights in the Company.
On 14 November 2014 ASPLEY VENTURES LIMITED, an entity which is closely associated with Mr. Pavel Spanko, notified the Company that it crossed 5%, 10%, 15%, 20%, 25% and 30% thresholds in Company's shareholding as a consequence of the acquisition of voting rights on 10 November 2014. As of 10 November 2014 ASPLEY VENTURS LIMITED directly holds 100,000,000 Company shares, representing 31.80% of the voting rights of the Company.
On 14 November 2014 GAMALA LIMITED, an entity which is closely associated with Mr. Radovan Vitek, notified the Company that it crossed 30%, 25%, 20% and 15% thresholds in Company's shareholding as a consequence of an event changing the breakdown of voting rights on 10 November 2014. As of 10 November 2014 GAMALA LIMITED directly holds 35,177,765 Company shares, representing 11.19% of the voting rights of the Company.
For further information concerning the capital increase please refer to Company's press release of 10 November 2014.
For more information visit www.orcogroup.com:
http://www.orcogroup.com
http://hugin.info/143527/R/1874955/660642.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orco Property Group via Globenewswire
