DGAP-News: The Grounds Real Estate Development AG gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member
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Friday, November 20, 2020
The Grounds Real Estate Development AG gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member
Key Points:
- The Grounds Real Estate Development AG gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member
The issuer is solely responsible for the content of this announcement. - The Grounds gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member
- Deutsche Balaton Groupreduces its participation, and in future will hold around 16% of the shares in The Grounds
Berlin, 20 November 2020 - The Grounds Real Estate Development AG (The Grounds/ ISIN: DE000A2GSVV5) has gained a new strategic major shareholder: Armin H. Hofmann. - Arndt Krienen, a board member of The Grounds Real Estate Development AG, says: "We are delighted that we have another investor on board, Armin H. Hofmann.
- The Supervisory Board thanks Prof. Dr. Winfried Schwatlo for his collaboration, which has been trustful and competent at all times."