🕔1/24/2009 2:35:00 AM
Jelmoli (VTX:JEL) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- - Creation of two focused, separately listed entities - a Real Estate and an Investment Company - Removal of dual class share structure in the Real Estate Company ("Einheitsaktie") - Reverse premium to Pelham for ceding control in the Real Estate Company - Partial cash exit option for shareholders in the Investment Company - Strategic future of the two independent companies enhanced - Trading in both companies' shares expected to commence in March 2009
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