DGAP-News: FourWorld Capital Management LLC / Key word(s): Miscellaneous/Miscellaneous
FourWorld Capital, which holds slightly more than 2% in TLG Immobilien AG (ISIN DE000A12B8Z4), addressed the management board of TLG in two separate letters in April and August 2020. The letters are meant to elicit responses regarding certain events in connection with the takeover of TLG by Aroundtown SA. FourWorld Capital is concerned that TLG is already operating as a company affiliated under a domination agreement, even though, no such agreement has been implemented or announced.
FourWorld Capital requests that the management board of TLG provides answers on:
As a minority shareholder, FourWorld Capital intends to ensure that, as long as no domination agreement with Aroundtown exists, TLG is operated by its management board as an independent company in the best interests of the company and all of its shareholders. FourWorld Capital did not receive a reply to the April 2020 letter.
The letters from FourWorld Capital to TLG are available under https://www.fourworldcapital.com/tlgimmobilien-en.
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