Accentro Real Estate AG / DE000A0KFKB3

ACCENTRO Real Estate AG receives non-binding offer regarding a potential change in the shareholder structure

EQS-Ad-hoc: Accentro Real Estate AG / Key word(s): Letter of Intent/Real Estate
ACCENTRO Real Estate AG receives non-binding offer regarding a potential change in the shareholder structure

08-Nov-2023 / 22:14 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.

---

ACCENTRO Real Estate AG receives non-binding offer regarding a potential change in the shareholder structure  Berlin, 8 November 2023 – On 20 July 2023, ACCENTRO Real Estate AG ("Company") received a non-binding expression of interest from NongHyup Bank Co. Ltd. as trustee of the Shinhan AIM Structured General Private Investment Trust No. 5 ("Shinhan") and Nox Capital Holding GmbH ("Nox Capital") (jointly "Interested Parties"), which was subject to various conditions, in particular the performance of a due diligence. After completion of phase 1 of the initiated due diligence, the Interested Parties submitted a non-binding offer to the Company dated 8 November 2023. The non-binding offer states that the Interested Parties intend to acquire a controlling interest in the Company, either through a mutual agreement with Brookline Real Estate S.à.r.l ("Brookline") or by realizing a pledge on the shares of Brookline existing according to the Interested Parties and submitting a takeover offer based on the legal minimum offer price. The non-binding offer provides for an equity or equity-like capital raising of up to EUR 20 million. In case the capital is raised by way of a capital increase, the Interested Parties are considering an issue price of EUR 1.00 for the new shares. The non-binding offer is subject to various conditions including the comprehensive amendment of the terms and conditions of the bonds, which includes an amendment of interest rates and agreed maturities. The Interested Parties have informed the Company that they intend to approach the bondholders simultaneously with the non-binding offer. The management board of the Company will review whether phase 2 of the due diligence can and should be entered into on the basis of the non-binding offer from the Interested Parties. The management board of the Company will provide information on all significant developments without undue delay.   Notifying person: Thomas Eisenlohr, Head of Investor Relations
Tel.: [phone]
[e-mail]   Berlin, 8 November 2023 The Management Board
ACCENTRO Real Estate AG
Kantstraße 44/45
D-10625 Berlin ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5 Stock exchange: Frankfurter Stock Exchange, regulated market (Prime Standard) / Luxembourg Stock Exchange    

End of Inside Information

---

08-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Accentro Real Estate AG
	Kantstr. 44/45
	10625 Berlin
	Germany
Phone:	+49 (0)30 - 887 181 - 0
Fax:	+49 (0)30 - 887 181 - 11
E-mail:	[e-mail]
Internet:	www.accentro.ag
ISIN:	DE000A0KFKB3
WKN:	A0KFKB
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1768877

End of Announcement	EQS News Service

---

1768877  08-Nov-2023 CET/CEST