Armin

DGAP-News: The Grounds Real Estate Development AG gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member

Friday, November 20, 2020 - 8:01am

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."