Netwatch AG, WKN A0STSH Netwatch plans a reorientation of their business operations, a majority takeover of The Grounds Real Estate AG, Berlin, and a cash capital increase. Munich, 10 May 2017. The Netwatch AG Management Board has decided to pursue a reorientation of the company’s operations to the real estate business, and to this end, ...
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.
Netwatch AG: Change of shareholders and changes in the management board planned
Munich, 8 March 2017. Today TGA Verwaltungs UG (limited liability), Berlin and our majority shareholder have each informed us that TGA Verwaltungs UG has on this day purchased 360,000 shares (this represents 90% of the share capital) in our company. Following the completion of the share transfer, which shall happen promptly, the current Management Board ...