Immofinanz Says EUR 23 Offer from CPIPG Is Still Too Low

• (PLX AI) - Immofinanz says CPIPG mproved offer price of EUR 23.00 per share still too low.
• • Says price does not include an appropriate control premium in connection with CPIPG's intention to attain control
• • Immofinanz says it is highly probable that the offer will allow CPIPG to attain the majority of voting rights in Immofinanz, since it increased its investment to roughly 48.18% with the purchase of shares held by S IMMO
• • Immofinanz board says decision to accept or reject the offer must be made individually by each shareholder