Cubic (London) Limited made an offer to acquire remaining 1.53% stake in C-QUADRAT Investment AG (WBAG:C8I) for €4 million on July 16, 2018. As part of the deal, Cubic (London) Limited as main shareholder of C-QUADRAT and the management board of C-QUADRAT today have jointly set the adequate cash compensation to be paid to C-QUADRAT’s minority shareholders in the course of the initiated squeeze-out proceedings to €60 per share. The extraordinary shareholders' meeting of C-QUADRAT, which will resolve on the transfer of shares of the minority shareholders to the main shareholder against payment of an adequate cash compensation, will be held on August 17, 2018. Cubic (London) Limited cancelled the acquisition of remaining 1.53% stake in C-QUADRAT Investment AG (WBAG:C8I) on July 16, 2019.