Pierer Konzerngesellschaft mbH made an offer to acquire 37% stake in Athos Immobilien AG for €26.6 million on August 31, 2016. Pierer Konzerngesellschaft will acquire up to 0.67 million Athos shares at €40 per share. The offer of Pierer Konzerngesellschaft can be accepted by the shareholders from September 15, 2016 by September 30, 2016. As of September 30, 2016, the deadline for offer was extended till November 11, 2016. During the acceptance period, a total of 9,213 shares, corresponding to a stake of approximately 0.51% of ATHOS Immobilien AG, were tendered for sale since September 15, 2016 up to the end of the extended acceptance period on November 11, 2016, with Wiener Privatbank SE as the tender and paying agent. After the transfer of the tendered shares, Pierer Konzerngesellschaft mbH will have around 0.24 million shares of ATHOS Immobilien AG; corresponding to a stake of approximately 13.58% in the share capital of ATHOS Immobilien AG.