ch@rter schreef op 3 mei 2015 16:50:
Ff offtopic stukje voor bffwg en surv, ik plaats dit niet op het kardanforum, komen ze vanzelf achter.
REQUEST TO PAY CLAW BACK LIABILITY
Further to Kardan’s (‘Kardan’/ ‘the Company’) announcement on November 17, 2013 (‘the Initial Announcement’) regarding the agreement (‘the Purchase Agreement’) to sell the stake which GTC Real Estate Holding B.V. (‘GTC RE’), a wholly owned subsidiary of the Company, held in Globe Trade Centre S.A. (‘GTC SA’) to Lone Star Real Estate Fund III (‘the Buyer’) in consideration of €160 million, the Company announces the following:
1. As mentioned in the Initial Announcement, the Purchase Agreement includes a Claw Back mechanism, whereby, at the demand of the Buyer, GTC RE will have to repay the Buyer up to €6.3 million, in the event GTC SA does not reach two business targets, as agreed in the agreement; the first was supposed to be reached by March 31, 2015, and the second by December 31, 2015. As a result of not reaching a target, GTC RE will have to pay the Buyer an amount of €3.15 million per target.
2. GTC RE and the Company received a demand from the Buyer to pay an amount of €3.15 million, as the Buyer claims that GTC SA did not meet one of the said targets.
3. The Company reserved in its bank accounts the necessary funds to pay the said amount, however it is presently reviewing the Buyer’s demand and reserves all its rights and claims in this matter.
@beneffeweg .. ken jij dit nog? Kardan zal de 1e termijn €3.15 mio dus al terug moeten schokken vd gtc deal destijds. Houdt hier rekening mee ivm komende cijfers Q1