Orco Property Group: Major shareholding notifications


Orco Property Group - Major shareholding notifications

 Luxembourg, 27 May 2014

Orco Property Group (the "Company") has been notified about the following major shareholding notifications in relation to proxy voting at the extraordinary general meeting and the annual general meeting of shareholders of the Company to be held on 28 May 2014 in Luxembourg (the "General Meetings"):

On 23 May 2014 Alchemy Special Opportunities Fund II LP ("Alchemy") notified the Company that pursuant to a discretionary proxy dated 22 May 2014 Alchemy appointed Mr. Francois Kremer as its proxy to exercise the voting rights attached to its entire shareholding in the Company consisting of 12,544,292 shares (10.95% of the voting rights) at the General Meetings. Such voting rights are transferred on a temporary basis and the exercise of voting rights shall cease to exist and revert to Alchemy as of the closing of the General Meetings, or as such General Meetings may be adjourned.

On 26 May 2014 Mr. Nicolas Ronzel and Mr. Martin Nemecek notified the Company that Gamala Limited gave on 19 May 2014 a power of attorney to Mr. Nicolas Ronzel and Mr. Martin Nemecek for the purpose of representation on the General Meetings.  Mr. Ronzel and Mr. Nemecek will exercise 35,177,765 (30.72%) voting rights in the Company held by Gamala Limited.  Mr. Ronzel and Mr. Nemecek will cease to hold the 35,177,765 voting rights as of the closing of the General Meetings (or any adjourned or postponed meeting).

For more information please, visit www.orcogroup.com


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Orco Property Group – Major shareholding notifications