Berlin, 9 August 2024 – The Grounds Real Estate Development AG (“Company” / ISIN: DE000A2GSVV5) is now taking the next steps in connection with the strategic partnership with funds managed by H.I.G. Capital announced in the ad hoc announcement of 13 October 2023. The capital increase announced in this ad hoc announcement is now to ...
Ad hoc disclosure
Pursuant to Section 17 of the Market Abuse Regulation, The Grounds Real Estate Development AG is obliged to publish insider information, which directly affects itself as an issuer without delay for a period of five years on its web site.
The Grounds adjusts sales revenues and earnings forecast for 2023 as announced
Berlin, 24 January 2024 – Today, as already announced in ad-hoc notifications of 27 and 28 December, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) adjusted its sales revenues and earnings forecast for the 2023 financial year, and now anticipates annual sales revenues of around EUR 22 to 23 million (previous: between ...
The Grounds cancels purchase contract and receives compensation payment
Berlin, 28 December 2023 – Today, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) cancelled the contract concluded on 18 March 2022 for the sale of the Terra Homes project in Erkner with a sales volume of EUR 18.5 million. The contract was cancelled by mutual agreement at the request of the ...
The Grounds: Negotiations on the sale of a majority stake in a real estate company delayed – new guidance for 2023 to follow at the beginning of 2024
Berlin, 27 December 2023 – In the ad hoc notice on 16 December 2023, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) reported on advanced negotiations for the sale of a majority stake in a real estate company. These negotiations will continue in January and will not be concluded in the current ...
Noteholdersof the corporate convertible note 2021/2024 (ISIN DE000A3H3FH2) resolve to extend the term of the notes by three years on modified terms
Publication of inside information in accordance with Article 17 of Regulation (EU) No 596/2014 NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION, PUBLICATION OR TRANSMISSION WOULD BE UNLAWFUL. The Grounds: ...
The Grounds Invites Noteholders of the Company’s 2021/2024 Convertible Bond (ISIN DE000A3H3FH2) to Participate in a Vote without Assembly on the Extension of the Bond Maturity, Subject to Modified Terms
Berlin, 23 November 2023 – The management board of The Grounds Real Estate Development AG (“The Grounds” / ISIN: DE000A2GSVV5) resolved today, with the supervisory board’s approval, to invite the noteholders of the company’s 2021/2024 convertible bond (ISIN DE000A3H3FH2) to a vote without assembly during the period starting on 14 December 2023 and ending on 18 December 2023. ...