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Grand City Properties SA (GYC) NPV

Sell:€20.32 Buy:€20.34 Change: €0.12 (0.59%)
Market closed |  Prices as at close on 26 February 2021 | Switch to live prices |
Tender Offer

Grand City Properties SA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 11 Feb 2021)

Grand City Properties SA wants to buy back up to 7.27% of its shares. To do this the company is offering to buy its shares at a price between EUR20.00 and EUR21.25.


Please see below for a breakdown of the Tender Offer:

 

- You can ask to sell (tender) some or all of your shares at a specific price which is not less than EUR20.00, or greater than EUR21.25 (in increments of EUR0.05, e.g. EUR20.00, EUR20.05, EUR20.10, EUR20.15, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

- The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to EUR1,250,000.

 

- If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

- If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.


You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Monday 15 February 2021.


Option 1 – Tender a number of shares at a price between EUR20.00 and EUR21.25 (in increments of EUR0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Monday 15 February 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender.


Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.


Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€20.32
Buy:€20.34
Change: €0.12 (0.59%)
Market closed |  Prices as at close on 26 February 2021 | Switch to live prices |
Tender Offer

Grand City Properties SA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 11 Feb 2021)

Grand City Properties SA wants to buy back up to 7.27% of its shares. To do this the company is offering to buy its shares at a price between EUR20.00 and EUR21.25.


Please see below for a breakdown of the Tender Offer:

 

- You can ask to sell (tender) some or all of your shares at a specific price which is not less than EUR20.00, or greater than EUR21.25 (in increments of EUR0.05, e.g. EUR20.00, EUR20.05, EUR20.10, EUR20.15, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

- The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to EUR1,250,000.

 

- If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

- If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.


You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Monday 15 February 2021.


Option 1 – Tender a number of shares at a price between EUR20.00 and EUR21.25 (in increments of EUR0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Monday 15 February 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender.


Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.


Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€20.32
Buy:€20.34
Change: €0.12 (0.59%)
Market closed |  Prices as at close on 26 February 2021 | Switch to live prices |
Tender Offer

Grand City Properties SA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 11 Feb 2021)

Grand City Properties SA wants to buy back up to 7.27% of its shares. To do this the company is offering to buy its shares at a price between EUR20.00 and EUR21.25.


Please see below for a breakdown of the Tender Offer:

 

- You can ask to sell (tender) some or all of your shares at a specific price which is not less than EUR20.00, or greater than EUR21.25 (in increments of EUR0.05, e.g. EUR20.00, EUR20.05, EUR20.10, EUR20.15, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

- The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to EUR1,250,000.

 

- If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

- If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.


You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Monday 15 February 2021.


Option 1 – Tender a number of shares at a price between EUR20.00 and EUR21.25 (in increments of EUR0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Monday 15 February 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender.


Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.


Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Grand City Properties SA is a Luxembourg-based company active in the Real Estate segment of industry. The Company is focused on the acquisition and management of residential properties in Germany, especially in large urban high-density areas. The Company intends to hold the majority of acquired properties in its own portfolio on a long term basis. It has its properties in such German cities as Berlin, Dortmund, Hagen, among others.

Contact details

Address:
1 Avenue du Bois
LUXEMBOURG
1251
Luxembourg
Telephone:
+352 () 28778786
Website:
https://www.grandcityproperties.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
GYC
ISIN:
LU0775917882
Market cap:
€3.52 billion
Shares in issue:
171.86 million
Sector:
Real Estate Operating Companies
Exchange:
Xetra
Country:
Luxembourg
Currency:
Euro
Indices:
n/a

Key personnel

  • Christian Windfuhr
    Chairman of the Board
  • Refael Zamir
    Chief Executive Officer, Chief Financial Officer, Director

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.