PATRIZIA SE Initiates Investment and Downlisting Agreement

PATRIZIA SE has entered into an Investment and Downlisting Agreement with First Capital Partner GmbH. This move involves a public partial offer of EUR 8.20 per share. The Bidder already owns around 58.89% of PATRIZIA’s share capital and aims to increase its stake to 73% through this offer. The completion is subject to standard conditions, but there is no minimum acceptance threshold.

The agreement specifies that PATRIZIA SE will seek to transfer its shares from the Prime Standard to the Scale segment of the Frankfurt Stock Exchange. This process is expected to conclude by January 2027. The company will cancel 4,700,000 treasury shares post-offer. The Bidder commits not to engage in a domination or profit transfer agreement with PATRIZIA for the next three years.