CPI Property Group Completes Delisting and Initiates Squeeze-Out of NEXT RE

On June 12, 2026, CPI Property Group S.A. announced the completion of its voluntary offer on NEXT RE SIIQ S.P.A., including the delisting of NEXT RE shares from Euronext Milan. The company has begun the squeeze-out procedure to acquire 100% ownership, after initiating a public takeover bid for 4,413,586 ordinary shares.

The delisting follows notice no. 9127 from Borsa Italiana, effective as of the announcement date. CPI Property Group has deposited the total consideration of EUR 684,228 with UniCredit Bank, earmarked for the remaining 228,076 shares at EUR 3 each, excluding 38,205 treasury shares.

Shareholders can collect payment through their Depositary Intermediaries, with the risk of non-transfer resting solely on them. A five-year period is set for the unclaimed amount, after which CPI may reclaim the funds.