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1. Purpose and context
The present press release refers to an investigation carried out by the CSSF in relation to the potential existence of an undisclosed concert action with respect to Orco Property Group S.A.i (‘OPG’) that would be in breach of the law of 19 May 2006 transposing Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids (the ‘Takeover Law’). The purpose of this press release is to inform third parties whose own rights and interests may be affected by the decisions that the CSSF intends to take in the context of the aforementioned investigation (the ‘Contemplated Decisions’):
(i) the CSSF intends to declare the existence of an undisclosed concert action with respect to OPG...
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