Implenia reaches agreement with anchor shareholder Rössler
Implenia and anchor shareholder Max Rössler have agreed on a joint approach to the realignment of the construction group. Meanwhile, investor Veraison has sold its stake in Implenia again.
Implenia announced at the weekend that it had reached agreement with Max Rössler on a "joint approach to the strategic further development of the company". The main issue was how to implement Implenia's proposed, step-by-step restructuring of the company. Making the development portfolio independent should be designed.
The Implenia Board of Directors and anchor shareholder Max Rössler now want to "take appropriate time" to discuss the mutual proposals for this step and possible further options, Implenia wrote in a statement on 19 October. In particular, they want to understand the impact on the overall corporate strategy and be able to assess its influence on the company's value, strategic opportunities and shareholders' interests.
He said he was confident that a solution could be proposed which would take into account both the welfare of the company and the legitimate interests of the shareholders.
Rössler dissolves shareholder group with Veraison
Rössler and its Parmino Holding will withdraw the proposal for an extraordinary general meeting submitted jointly with Veraison and dissolve the shareholder group with Veraison.
In return, Implenia does not intend to implement any transactions until the next Annual General Meeting that would make it impossible or significantly more difficult for Max Rössler and Parmino and other shareholders to request an interest in the development properties in one form or another.
Veraison subsequently announced on October 21 that it had sold the stake of 1.9% to Implenia. It is also pleased that the anchor shareholder - Parmino Holding and Rössler - is again on good terms with Implenia, the fund writes further. (ah)
