Consortium of URW investors led by Aermont Capital and NJJ Holding crosses 5% shareholding threshold

LUXEMBOURG, Oct. 22, 2020 (GLOBE NEWSWIRE) -- The consortium of investors in Unibail-Rodamco-Westfield SE ("URW") led by Léon Bressler of Aermont Capital and Xavier Niel of NJJ Holding today notified the Autorité des marchés financiers that the consortium's combined shareholding in URW has crossed the 5 per cent threshold.

The shares have been acquired by Flagship Retail Investment S.à r.l., an investment vehicle of Aermont Capital Real Estate Fund IV SCSp managed by Aermont Capital Management S.à r.l., and by wholly-owned subsidiaries of NJJ Holding, the personal investment vehicle of Xavier Niel.

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This document has been issued by Flagship Retail Investment S.à r.l. ("Flagship Retail Investment"), an investment vehicle of Aermont Capital Real Estate Fund IV SCSp managed by Aermont Capital Management S.à r.l., and by Rock Investment, a wholly-owned subsidiary of NJJ Holding, the personal investment vehicle of Xavier Niel ("Rock Investment" and, together with Flagship Retail Investment, the "Consortium").

The purpose of this document is to provide information about the Consortium's views on Unibail-Rodamco-Westfield ("URW"), its opposition to the €3.5 billion rights issue at the 10 November 2020 general meeting, the possible alternate strategy that could be implemented to deliver long-term shareholder value and its proposal to strengthen URW's Supervisory Board through the appointment of new members.

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