First Capital Partner GmbH Proposes Partial Acquisition of PATRIZIA SE

First Capital Partner GmbH has announced a voluntary partial acquisition offer for PATRIZIA SE shareholders. The offer is set at EUR 8.20 per share, marking a 30.2% premium over the last closing price on the Frankfurt Stock Exchange. The deal aims to increase First Capital's stake in PATRIZIA to a potential 73% of the share capital, subject to approval and customary conditions.

No minimum acceptance threshold is required for the offer, and no structural changes or agreements for domination and profit transfer are planned for three years. As part of the agreement, PATRIZIA seeks to downlist from the Prime Standard to the Scale segment of the exchange, offering shareholders an exit option amid these changes.

The acquisition strategy is backed by an Investment Agreement, which received approval from PATRIZIA's executive and board directors, ensuring continuation of current operations without immediate major alterations.