EANS-Adhoc: C-QUADRAT Investment AG / HNA Group set to become majority owner of C-QUADRAT

=------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------------

Mergers - Acquisitions - Takeovers 03.05.2017

Vienna/Frankfurt, 03.05.2017. C-QUADRAT Investment AG (ISIN: AT0000613005) announces that it has been informed today by San Gabriel Privatstiftung and T.R. Privatstiftung of the following facts:

Today San Gabriel Privatstiftung, T.R. Privatstiftung as well as Hallmann Holding International GmbH, Q-Cap Holdings Ltd. and Laakman Holding Ltd. (all together "the core shareholders") have concluded share purchase agreements with HNA Group (International) Asset Management Co., Limited ("HNA") on the acquisition of shares of C-QUADRAT Investment AG ("C-QUADRAT") subject to condition precedent.

After the necessary regulatory releases (i) HNA will contribute the C-QUADRAT shares acquired from the core shareholders to Cubic (London) Limited ("Cubic") and (ii) the core shareholders will also contribute their remaining C-QUADRAT shares to Cubic. Following necessary regulatory releases HNA will hold approximately 74.8% in Cubic and Cubic will hold more than 98% in C-QUADRAT.

end of announcement euro adhoc =-------------------------------------------------------------------------------

(END) Dow Jones Newswires

   May 03, 2017 13:46 ET (17:46 GMT)- - 01 46 PM EDT 05-03-17