ADLER Real Estate AG
ADLER Real Estate AG: ADLER Real Estate resolves capital increase
ADLER Real Estate AG / Key word(s): Capital Increase 28.10.2014 18:20 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ADLER Real Estate AG resolves capital increase - Capital increase of up to 2,850,000 shares, corresponding to approx. 10 percent of the existing share capital - Subscription rights of shareholders excluded - Aims to finance the equity share for the acquisition of additional real estate portfolios Hamburg, Germany, 28 October 2014. ADLER Real Estate AG, Frankfurt am Main, Germany (ISIN DE0005008007), plans to strengthen its financial position so as to further expand its residential real estate portfolio. The Management Board, with the consent of the Supervisory Board, today resolved to increase the company's existing statutory share capital from approx. EUR 28.568 million to up to approx. EUR 31.418 million under partial utilisation of approved capital 2014/I, which was resolved by the General Meeting in May 2014, by issuing up to 2.85 million new shares with a pro-rata amount of share capital of EUR 1.00 per share. Subscription rights of shareholders were excluded. The up to 2.85 million new shares will likely be offered to institutional investors in Germany and the rest of Europe within the scope of an accelerated bookbuilding procedure. The placement price for the new shares such as the final number will likely be determined on 29 October 2014 based on the result of the accelerated bookbuilding. Berenberg and Close Brothers Seydler Bank AG will manage the transaction as joint global coordinators and joint bookrunners. The proceeds from the capital increase will utilised to finance the equity share for the acquisition of additional real estate portfolios by ADLER, thereby strengthening the company's financial position. On Thursday, 23 October 2014, ADLER contractually secured the acquisition of a majority stake in housing association Jade GmbH, which holds approx. 6,750 units. Disclaimer This document does not constitute an offer to sell or an invitation to make an offer to buy or subscribe for securities of ADLER Real Estate Aktiengesellschaft. There is neither a public offer of securities of ADLER Real Estate Aktiengesellschaft nor does any person intend to make such offer. This document and the information contained therein may not be distributed in the United States of America, Canada, Australia, Japan or other jurisdictions, in which such offer, respectively, such invitation to make an offer to buy or subscribe for securities is not allowed. This document does not constitute an offer to sell securities in the United States. Securities may not be sold or offered for sale within the United States or to or for the account of / in favour of US citizens (as defined in Regulation S under the U.S. Securities Act of 1933 in the current version (the "Securities Act") unless they are registered under the regulations of the Securities Act or unless they are subject to an exemption from registration. Neither ADLER Real Estate Aktiengesellschaft nor any other person intend to register securities of ADLER Real Estate Aktiengesellschaft or to make a public offer of securities of ADLER Real Estate Aktiengesellschaft in the United States. For inquiries please contact: PRESS: german communications dbk ag Jörg Bretschneider Milchstr. 6 B, 20148 Hamburg, Germany Phone: +49-(0)40/46 88 33 0, Fax: +49-(0)40/46 88 33 40 presse@german-communications.com INVESTOR RELATIONS: Hillermann Consulting Christian Hillermann Poststraße 14, 20354 Hamburg, Germany Phone: +49-(0)40/32 02 79 10, Fax: +49-(0)40/32 02 79 114 c.hillermann@hillermann-consulting.de 28.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ADLER Real Estate AG Alstertor 17 20095 Hamburg Germany Phone: +49 (0)40 - 29 8130-0 Fax: +49 (0)40 - 29 8130-35 E-mail: info@adler-ag.com Internet: www.adler-ag.com ISIN: DE0005008007, DE000A1R1A42, DE000A11QF02 WKN: 500800, A1R1A4, A11QF0 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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