EQS-News: CPI PROPERTY GROUP
/ Key word(s): Legal Matter/Real Estate
CPI Property Group Luxembourg, 31 July 2024 CPI Property Group - Update on Cyprus Litigation CPI PROPERTY GROUP ("CPIPG") has prepared an update for our stakeholders about the litigation filed against CPIPG and other parties in Cyprus. Earlier today, the District Court of Nicosia decided to maintain in effect provisional orders granted in December 2022. The judgment does not introduce any new orders and does not address or decide the merits of the underlying case. It pertains solely to the continuation of the December 2022 procedural measures until the final resolution of the case. CPIPG firmly believes that the litigation is unjustified and unfounded and intends to vigorously challenge today's decision through the appellate process. We will continue to keep our stakeholders updated on further developments. For further information, please contact: Investor Relations Moritz Mayer Manager, Capital Markets m.mayer@cpipg.com For more on CPI Property Group, visit our website: www.cpipg.com Follow us on X (CPIPG_SA) and LinkedIn 31.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | CPI PROPERTY GROUP |
| 40, rue de la Vallée | |
| L-2661 Luxembourg | |
| Luxemburg | |
| Phone: | +352 264 767 1 |
| Fax: | +352 264 767 67 |
| E-mail: | contact@cpipg.com |
| Internet: | www.cpipg.com |
| ISIN: | LU0251710041 |
| WKN: | A0JL4D |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
| EQS News ID: | 1958529 |
| End of News | EQS News Service |
1958529 31.07.2024 CET/CEST
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