CPI PROPERTY GROUP / LU0251710041
08.12.2023 - 17:04:42CPI PROPERTY GROUP – Response to Muddy Waters Report
| CPI PROPERTY GROUP / Key word(s): Miscellaneous 08.12.2023 / 17:04 CET/CEST The issuer is solely responsible for the content of this announcement. CPI Property Group (société anonyme) 40, rue de la Vallée L-2661 Luxembourg R.C.S. Luxembourg: B 102 254 Press Release - Corporate News Luxembourg, 8 December 2023 CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, has prepared a response to the short-seller report published by Muddy Waters on 21 November. Our response is available on CPIPG's website, or via this link: https://cpipg.com/storage/app/uploads/public/657/33b/11b/65733b11b0e04782723618.pdf CPIPG is a closely held company which cares deeply about our reputation and our obligations to banks and bondholders. Muddy Waters went on a fishing expedition, recycling themes that have proven successful for them in the past. Upon further review, CPIPG is confident that all the transactions highlighted by Muddy Waters were properly disclosed, did not cause any negative implications for our banks and bondholders, and brought significant value to CPIPG. Over the past few weeks, CPIPG has spoken with or met with a large number of our bondholders and banks. We remain open to discussions with any investor that would like to speak with our management team. Muddy Waters has indicated a “Part 2” of their report will be published soon; therefore, CPIPG will host a webcast with Q&A once that report has been published, along with our reply. We appreciate the continued support of all our stakeholders. For further information, please contact: Investor Relations Moritz Mayer m.mayer@cpipg.com For more on CPI Property Group, visit our website: www.cpipg.com Follow us on X (CPIPG_SA) and LinkedIn 08.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | CPI PROPERTY GROUP |
| 40, rue de la Vallée | |
| L-2661 Luxembourg | |
| Luxemburg | |
| Phone: | +352 264 767 1 |
| Fax: | +352 264 767 67 |
| E-mail: | contact@cpipg.com |
| Internet: | www.cpipg.com |
| ISIN: | LU0251710041 |
| WKN: | A0JL4D |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
| EQS News ID: | 1793301 |
| End of News | EQS News Service |
| |
