DISCLOSURE


Petrus Advisers Ltd (“Petrus”) is authorised and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom (“UK”). This website is only directed at those who are Professional Clients or Eligible Counterparties (as defined by the FCA).

Information provided on this website is confidential and should not be copied, reproduced or redistributed without the prior written consent of Petrus.

Nothing contained on this website is intended to constitute an offer, invitation or inducement to distribute or purchase shares or to enter into an investment agreement by Petrus in any jurisdiction in which such offer, invitation or inducement is not lawful or in which Petrus is not qualified to do so or to anyone to whom it is unlawful to make such offer, invitation or inducement. The contents of the website have not been prepared for the benefit of investors outside the UK, in particular not for investors in the United States of America.

It may be illegal to download the information contained in this website in certain countries and Petrus and its associated companies disclaim all responsibility if you download any information from this website in breach of any law or regulation of the country in which you are residing.

Securities will only be offered for purchase or sale pursuant to the relevant term sheet which must be read in its entirety.

No Advice: Nothing contained in this website is intended to constitute, and should not be construed as, investment, legal, tax or other advice, nor is it to be relied upon when making investment or other decisions. The information on this website is provided solely on the basis that potential investors in any of the funds referred to that are open for investment should seek their own independent financial advice. In particular, investors should make themselves aware of the risks associated with any investment before entering into any investment activity.

No reliance may be placed for any purpose on the information and opinions contained in this document or their accuracy or completeness. No representation, warranty or undertaking, expressed or implied, is given as to the accuracy or completeness of the information or opinions contained on this website (including any documents on the website).

Investment information: Any investment with Petrus should form part of a diversified portfolio and be considered a long term investment. Past performance should not be used as a guide to future performance, which is not guaranteed. The value of an investment and any income from it fluctuate and therefore an investor may not get back the amount invested. Prospective investors should be aware that returns over the short term may not match potential long term returns and should always seek independent financial advice before making any investment decision.

It may be illegal to download the information contained in this website in certain countries and Petrus and its associated companies disclaim all responsibility if you download any information from this website in breach of any law or regulation of the country in which you are residing.

Risks involved: Currency movements may affect both the income received and the capital value of investments in overseas markets. Where a fund or strategy invests in fast growing economies or limited or specialist sectors it may be subject to greater risk and above average market volatility than an investment in a broader range of securities covering different economic sectors..



Active Investments

2017

September

Letter to Commerzbank AG

Please see our presentation for further information:
Petrus Advisers comdirect wakeup call (PDF)

Please visit wakeupcomdirect.com

2017

August
Euro 23.0 conwert in squeeze out process

March
Petrus remains invested in conwert

2016

September
Petrus Advisers falls below 4% threshold of voting rights in conwert Immobilien Invest SE

September
Petrus Advisers falls below 5% threshold of voting rights in conwert Immobilien Invest SE

March
Petrus comments on the upcoming conwert EGM

2015

December
Letter to conwert Administrative Board and CEO

November
Letter to conwert Immobilien Invest SE

August
Petrus Advisers Withdraws Demand for EGM

August
BGP – a Deal conwert Must Not Do

July
Minority shareholder criticism of planned BGP Investment Acquisition

June
Shareholders request Extraordinary General Meeting of conwert – 15 June 2015

June
Letter from Erich Kandler to the shareholders of conwert – 10 June 2015

June
Letter to conwert Shareholders by Erich Kandler

May
Recent events at conwert alert us

May
Petrus Follows ISS Recommendation

May
Action plan for conwert value creation

May
Petrus Advisers and other shareholders propose important motions for the AGM on June 5th 2015

May
Letter to conwert shareholders

April
Deutsche Wohnen’‘s conwert bid failure

March
conwert retail shareholder base revisited

March
Makor London Hedge Fund Reunion re: conwert

February
conwert mismanagement facts

January
Demands to end value destruction at conwert

2014

November
Petrus Advisers exceed 5% threshold of voting rights in conwert Immobilien Invest SE

October
Petrus Advisers exceed 4% threshold of voting rights in conwert Immobilien Invest SE

2012

March
Haselsteiner acquires additional 24% of voting rights of conwert investment from Petrus Advisers and purchases all conwert shares from Petrus Advisers’‘ Valluga Fund.

March
Haselsteiner assumes 76% of voting rights and thus control over 19.8% of conwert investment from Petrus Advisers.

2011

May
Petrus Advisers’‘ shareholding in conwert Immobilien Invest SE exceeds 20% threshold.

February
Petrus Advisers announces the dissolution of the former conwert management syndicate

2010

October
Johannes Meran, co-founding Partner of Petrus Advisers LLP, has been appointed Chairman of the Board of conwert Immobilien Invest SE by extraordinary general meeting.

September
Core shareholders of conwert, the Vienna Stock Exchange listed real estate company, call extraordinary general meeting. During the extraordinary general meeting Johannes Meran will be proposed for election to the Supervisory Board as the representative of Petrus Advisers.

April
Petrus Advisers becomes core shareholder of conwert Immobilien Invest SE via the acquisition of a 17% stake. Residential property specialist conwert is one of the Top 20 listed companies in Austria and enjoys leading market positions in Germany, Austria and CEE.