Petrus Advisers Ltd has informed Aareal Bank AG that it has increased its shareholding in the Company; according to Petrus Advisers, it now holds an aggregate 9.80% of voting rights. At the same time, Petrus Advisers has submitted demands to the Bank's Supervisory Board for a partial replacement of Supervisory Board members; specifically, it demands that three out of eight shareholder representatives on the Supervisory Board - including the Chairman - be replaced.
