PLEASE READ CAREFULLY THE NOTICE BELOW BEFORE ACCESSING THIS SECTION OF THE WEBSITE
This section of the website contains announcements, documents and information (collectively, the “Information”) in relation to the mandatory tender offer launched on 4 November 2020 by CPI Property Group S.A. (the “Offeror”) as regards shares issued by Nova RE Siiq S.p.A. (the “Issuer”), pursuant to art. 106, paragraph 1, of the Italian Legislative Decree no. 58/1998. The Offer is carried out exclusively in Italy, since the shares of the Issuer which are the object of the Offer are listed on the Italian Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A., therefore the Offer is regulated by and subject to the requirements under the Italian laws. The Information is made available by the Issuer on its own website, as the case may be: (a) since the Issuer is required to do so under the applicable laws; or, (b) if so indicated, in the name and on behalf of the Offeror, for the purposes of Art. 36, paragraph 3, of the CONSOB Regulation No. 11971/1999. The Offer is not, and shall not, be made in the United States of America (or addressed to “U.S. Persons”, as defined under the U.S. Securities Act of 1933, as amended, the “Securities Act”), in Canada, Japan, Australia, and in any other jurisdiction, other than Italy, where the Offer would require the approval of local authorities or would be subject to other requirements and formalities (collectively, the “Other Countries”), and no communication instruments or other tools typically used for doing business both at national and international level in Other Countries (including without limitation post, telefax, telex, electronic mail, telephone and internet) will be used for that purpose, including through financial intermediaries from Other Countries or in any other manner. The shares of the Issuer which are the subject of the Offer have not been and will not be registered under the Securities Act or under the applicable laws and regulations of any of the Other Countries. The addressees of the Offer shall remain the sole responsible for the compliance with the abovementioned laws and regulations and, therefore, prior to accepting the Offer, they should assess, possibly with the support of their advisors, whether and to which extent any such limitations or restrictions apply to them.
Access to this section of the website and to the Information is subject to the terms and conditions set out below.
CONDITIONS FOR ACCESSPersons seeking access to this section of the website accepts and represents to the Issuer that they are doing so for information purposes only.
The Information in this section does not, nor shall be intended to, constitute an offer for sale or subscription or any solicitation to purchase or subscribe for any securities in any jurisdiction.
Making the Information available is in compliance with the Italian laws and regulations and does not constitute, nor can it be intended as, a recommendation by the Issuer to sell, purchase or exchange securities of the Issuer.
Persons seeking to access this section of the website are encouraged to consult their legal advisors in order to understand the legal framework under which the Information is being made available and the existence of any restrictions or limitations whatsoever.
ACCEPTANCE OF THIS NOTICEBy selecting “I accept” below, persons seeking accesso to this section:
- confirm that they have read and understood, and agree to be bound by, the terms of the notice set out above;
- represent and warrant that they are not a resident of, or otherwise located in, the Other Countries or any other jurisdiction where accessing the Information would constitute a violation of the relevant laws or regulations of that jurisdiction;
- agree that they will not transmit or otherwise send (directly or indirectly) any Information to any person in the Other Countries or any other jurisdiction where to do so would breach any applicable law or regulation; and
- confirm that they are not a person to whom the communication of the Information contained on the website is restricted or limited, and are not acting for the benefit of any such person.
PLEASE READ CAREFULLY THE NOTICE BELOW BEFORE ACCESSING THIS SECTION OF THE WEBSITE
ACCESS TO THIS AREA OF THE WEBSITE MAY BE RESTRICTED UNDER SECURITIES LAWS IN CERTAIN JURISDICTIONS. THIS NOTICE REQUIRES YOU TO CONFIRM CERTAIN MATTERS (INCLUDING THAT YOU ARE NOT RESIDENT IN SUCH A JURISDICTION), BEFORE YOU MAY OBTAIN ACCESS TO THE INFORMATION ON THIS AREA OF THE WEBSITE. THIS INFORMATION IS NOT DIRECTED AT, AND IS NOT INTENDED TO BE ACCESSED BY, PERSONS RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION OR WOULD RESULT IN A REQUIREMENT TO COMPLY WITH ANY CONSENT OR OTHER FORMALITY WHICH CPI PROPERTY GROUP S.A. AND/OR AROUNDTOWN S.A. REGARDS AS UNDULY ONEROUS.
You are attempting to enter the area of this website that is designated for the publication of documents and information in connection with the proposed offer pursuant to which CPI Property Group S.A. (“CPI”) and Aroundtown S.A. (“Aroundtown”) (together the “Consortium”) may acquire the entire issued and to be issued share capital of Globalworth Real Estate Investments Limited (“Globalworth”) (not already held, directly or indirectly, by the Consortium) via Zakiono Enterprises Limited (“Zakiono”), an indirect wholly-owned subsidiary of CPI, (the “Offer”) to be implemented by way of an all cash joint offer. The information contained in this website is made available in good faith and for information purposes only and is subject to the terms and conditions set out below. In particular, the information contained in this area of the website does not constitute an offer to sell or otherwise dispose of or any invitation or solicitation of any offer to purchase or subscribe for any securities pursuant to the Offer or otherwise in any jurisdiction in which such offer or solicitation is unlawful.
The full terms and conditions of the Offer will be set out in the formal Offer Document. In deciding whether or not to accept the Offer, shareholders of Globalworth should rely only on the information contained and procedures described in the formal Offer Document.
The Offer shall be subject to the Companies (Guernsey) Law 2008 (as amended) and the applicable requirements of the City Code on Takeovers and Mergers (the “Takeover Code”), the rules of AIM, a market operated by the London Stock Exchange, as set out in the publication entitled "AIM Rules for Companies" published by the London Stock Exchange from time to time, the Panel on Takeovers and Mergers (the “Panel”), London Stock Exchange and the Financial Conduct Authority.
Terms defined in the announcement of the Offer dated 14 April 2021 shall have the same meaning when used in this notice.
Access to this area of the Website
If you would like to view this area of the website, please read this notice carefully. This notice applies to all persons who view this area of the website and, depending on where you are located, may affect your rights or responsibilities. CPI reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit this area of the website. In addition, the contents of this area of the website may be amended at any time in whole or in part at the sole discretion of CPI.
As a consequence of legal restrictions, the release, publication or distribution of information contained on this area of the website in certain jurisdictions or to certain persons may be restricted or unlawful. All persons resident or located outside the United Kingdom and Guernsey who wish to view this area of the website must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so and should inform themselves of, and observe, any applicable legal or regulatory requirements applicable in their jurisdiction. If you are resident or located in a country that renders the accessing of this area of the website or parts thereof illegal, whether or not subject to making certain notifications or taking other action, you should not view this area of the website.
It is your responsibility to satisfy yourself as to the full observance of any relevant laws and regulatory requirements. If you are in any doubt, you should not continue to seek to access this area of the website. Neither CPI nor any of its affiliated companies or advisors, assumes any responsibility for any violation by any person of any of these restrictions.
You should not forward, transmit or show the announcements, information or documents contained in this area of the website to any person. In particular, you should not forward or transmit the announcements, information or documents contained therein to any jurisdiction where it would be unlawful to do so.
Unless otherwise determined by the Consortium, or required by the Takeover Code, and permitted by applicable law and regulation, the Offer shall not be made available, directly or indirectly, in, into or from a jurisdiction where to do so would violate the laws in that jurisdiction and no person may vote in favour of the Offer by any such use, means, instrumentality or form within a jurisdiction if to do so would constitute a violation of the laws of that jurisdiction.
Notice to US Investors
The Offer is being made to Globalworth shareholders resident in the United States in reliance on, and compliance with, Regulation 14E and the related rules promulgated under the US Securities Exchange Act of 1934 (the “US Exchange Act”), subject to any exemptions or relief therefrom, as applicable, including as set forth in Rule 14d-1(d) of the US Exchange Act, and otherwise in accordance with the requirements of the Takeover Code, the Panel, the London Stock Exchange and the UK Financial Conduct Authority. The Offer is being made in the United States by the Consortium and no one else.
The Offer relates to the shares of a Guernsey incorporated company that is not registered under the US Exchange Act and is admitted to trading on AIM and is subject to disclosure and other procedural requirements, format and style which are different from those in the United States including with respect to withdrawal rights, offer timetable and settlement procedures.
Financial information included in this area of the website has been or will be prepared in accordance with accounting standards applicable in Guernsey and the United Kingdom, and may not be comparable to financial information of US companies or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the United States.
The receipt of consideration by a US holder for the transfer of its Globalworth shares pursuant to the Offer may be a taxable transaction for United States federal income tax purposes and under applicable United States federal, state and local, as well as non-US and other, tax laws. Each Globalworth shareholder is urged to consult their independent professional adviser immediately regarding any acceptance of the Offer including, without limitation, the tax consequences of the Offer applicable to them, including under applicable United States federal, state and local, as well as non-US and other, tax laws.
It may be difficult for US holders to enforce their rights, effect service of process within the United States and/or enforce any claim and claims arising out of the US federal securities laws, since Globalworth is incorporated under the laws of Guernsey, CPI is incorporated under the laws of Luxembourg and Aroundtown is incorporated under the laws of Luxembourg and the majority of the officers and directors of each of Globalworth, CPI and Aroundtown are residents of countries other than the United States and most of their respective assets are outside the United States. It may not be possible to sue Globalworth, CPI or Aroundtown, or any of their respective directors, officers or affiliates, in a non-US court for violations of US laws, including US securities laws. It may be difficult to compel Globalworth, CPI and Aroundtown and their respective directors, officers and affiliates to subject themselves to the jurisdiction of a US court. There is doubt as to the enforceability in the United Kingdom and Guernsey of original actions, or of actions for enforcement of judgments of US courts, based on civil liability provisions of US federal securities laws and judgments of a US court.
Neither the SEC nor any US state securities commission has approved or disapproved the Offer, or passed upon the fairness of the Offer or passed upon the adequacy or accuracy of the information contained on this microsite. Any representation to the contrary is a criminal offence in the United States.
No offer to acquire securities or to exchange securities for other securities has been made, or will be made, directly or indirectly, in or into, or by the use of the mails of, or by any means or instrumentality of interstate or foreign commerce or any facilities of a national securities exchange of, the United States or any other country in which such offer may not be made other than: (i) in accordance with the tender offer requirements under the US Exchange Act, or the securities laws of such other country, as the case may be; or (ii) pursuant to an available exemption from such requirements.
In accordance with normal UK practice, CPI and Aroundtown, their affiliates or their respective nominees (including Zakiono), or their respective brokers (acting as agents), may, from time to time, make certain purchases of, or arrangements to purchase, Globalworth shares outside of the United States, other than pursuant to the Offer, until the date on which the Offer becomes effective, lapses or is otherwise withdrawn. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be disclosed, as required in the UK, will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com. No purchases will be made other than pursuant to the Offer in the United States of America by or on behalf of CPI and Aroundtown, their affiliates or their respective nominees.
Notice to South African Investors
The announcements, information or documents contained in this area of the website should not be construed as constituting any form of investment advice or recommendation, guidance or proposal of a financial nature under the South African Financial Advisory and Intermediary Services Act, 2002. The Offer is not being made to, and does not constitute, an “offer to the public” (as such term is defined in the South African Companies Act, 2008 (the “SA Companies Act”) and is not, nor is it intended to constitute, a “registered prospectus” (as such term is defined in the SA Companies Act) prepared and registered under the SA Companies Act. Further, the right of any entity or individual who is a South African resident, to participate in the Offer is subject to such resident having demonstrated to the Consortium’s reasonable satisfaction that it has obtained, all necessary exchange control approvals pursuant to the South African Exchange Control Regulations, 1961, promulgated under the Currency and Exchanges Act, 1933 and the policies and directives of the Financial Surveillance Department of the South African Reserve Bank or otherwise.
Forward Looking Statements
This area of the website contains “forward-looking statements”. These statements are based on the current expectations of the Consortium and are naturally subject to uncertainty and changes in circumstances. The forward-looking statements contained in this area of the website include statements relating to the expected effects of the Offer on Globalworth, the expected timing and scope of the Offer, and other statements other than historical facts.
Forward-looking statements include, without limitation, statements typically containing words such as “intends”, “expects”, “anticipates”, “targets”, “estimates”, “plans”, “strategy”, “will”, “should”, “may” and words of similar import. These forward looking statements are not guarantees of future performance. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the satisfaction of the conditions to the Offer, and the Consortium’s ability to successfully integrate the operations and employees of Globalworth, as well as additional factors, such as changes in economic conditions, changes in the level of capital investment, success of business and operating initiatives and restructuring objectives, costs associated with research and development, changes in the prospects for products in the research and development pipeline of Globalworth, customers’ strategies and stability, changes in the regulatory environment, fluctuations of interest and exchange rates, the outcome of litigation, government actions and natural phenomena such as floods, earthquakes and hurricanes. Other unknown or unpredictable factors could cause actual results to differ materially from those in the forward-looking statements. Neither CPI nor any of its affiliated companies undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
In relation to any document, announcement or information contained in this area of the website, the only responsibility accepted by the directors of CPI (the “Responsible Persons”) is for the correctness and fairness of its reproduction or presentation, unless the responsibility statement in any relevant document expressly provides otherwise.
None of the Responsible Persons, CPI or its affiliated companies has reviewed and none of them is or shall be responsible for, or accepts any liability in respect of, any information on any other website that may be linked to this website by a third party.
The information included in this area of the website speaks only at the specified date of the relevant document and neither CPI nor any of its affiliated companies has or accepts any responsibility or duty to update such documents (other than to the extent such duty arises as a matter of law).
If you are in any doubt about the contents of this area of the website or the action you should take, you should seek your own financial advice from an independent financial adviser authorised under the Financial Services and Markets Act 2000 or, if you are located outside the United Kingdom, from an appropriately authorised independent financial adviser.
THE DOCUMENTS IN THIS AREA OF THE WEBSITE MAY NOT BE DOWNLOADED, FORWARDED, TRANSMITTED OR SHARED WITH ANY OTHER PERSON EITHER IN WHOLE OR IN PART WHERE TO DO SO WOULD OR MAY CONSTITUTE A BREACH OF ANY APPLICABLE LOCAL LAWS OR REGULATIONS.
Electronic versions of these materials are not directed at or accessible by persons resident in any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
This notice shall be governed by, and interpreted in accordance with, English law.
Confirmation of Understanding and Acceptance of Disclaimer
- I confirm that I am not (nor do I act on behalf of someone who is) resident in any country that renders the accessing of this area of the website or parts thereof illegal.
- I agree that I will not copy, forward, transfer or distribute (by any means including by electronic transmission) any documents included in this area of the website either in whole or in part to any person in any jurisdiction where such distribution may be restricted by applicable law or regulation.
- I represent and warrant to CPI that I intend to access this area of the website for information purposes only, that I have read and understood this notice and that I understand that it may affect my rights or responsibilities.
- I agree to be bound by the terms of this notice set out above and I confirm that I am permitted to proceed to this point of the site.
If you are not able to give these confirmations (as applicable), we cannot provide you with the information on this area of the website and you should click on “I DO NOT AGREE” box below.
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