LSREF4 ARIA Beteiligungs GmbH & Co. KG
LSREF4 ARIA Beteiligungs GmbH & Co. KG: Lone Star affiliate secures a total of approximately 92.39% ISARIA Wohnbau AG shares at the end of the additional acceptance period of the offer
DGAP-News: LSREF4 ARIA Beteiligungs GmbH & Co. KG / Key word(s): Offer P R E S S R E L E A S E NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION Lone Star affiliate secures a total of approximately 92.39% ISARIA Wohnbau AG shares at the end of the additional acceptance period of the offer Frankfurt am Main, September 16, 2016. LSREF4 ARIA Beteiligungs GmbH & Co. KG (the “Bidder“), an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. and Lone Star Real Estate Fund IV (Bermuda), L.P., hereby announces the final acceptance ratio at the end of the additional acceptance period with regard to its voluntary public takeover offer and compensation offer (together the “Offer“) to the shareholders of ISARIA Wohnbau AG (hereinafter “ISARIA“). Together with shares previously held or acquired outside of the Offer during the acceptance period and new shares acquired in ISARIA’s recent rights offering, the Bidder secured a total of approximately 92.39% of the outstanding shares in ISARIA. Lone Star said: “We are very pleased with the great result and the acceptance of the offer by the ISARIA shareholders.” The settlement date for all tendered shares is expected to occur on September 20, 2016. About Lone Star: Lone Star Funds (“Lone Star“) is a leading private equity firm that invests globally in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized sixteen private equity funds (the “Funds“) with aggregate capital commitments totaling over $65 billion. The Funds are structured as closed-end, private-equity limited partnerships, the limited partners of which include corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds and high net worth individuals. The Funds are advised by Lone Star Global Acquisitions, Ltd. (“LSGA“), an investment adviser registered with the U.S. Securities and Exchange Commission. LSGA and its global subsidiaries advise the Funds from offices in North America, Western Europe and East Asia. Important notice This announcement is for information purposes only and neither constitutes an invitation to sell, nor an offer to purchase, ISARIA Wohnbau AG shares. The final terms and further provisions regarding the Offer are disclosed in the offer document, the publication of which has been approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). Investors and holders of ISARIA Wohnbau AG shares are strongly recommended to read the offer document and all announcements in connection with the Offer as they contain or will contain important information. The Offer will be made exclusively under the laws of the Federal Republic of Germany, especially under the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) and German Stock Exchange Act (Börsengesetz). The Offer will not be executed according to the provisions of jurisdictions other than those of Federal Republic of Germany. Thus, no other announcements, registrations, admissions or approvals of the Offer outside of Federal Republic of Germany have been filed, arranged for or granted. Holders of ISARIA Wohnbau AG shares cannot rely on having recourse to provisions for the protection of investors in any jurisdiction other than such provisions of Federal Republic of Germany. To the extent permissible under applicable law or regulation, and in accordance with German market practice, LSREF4 ARIA Beteiligungs GmbH & Co. KG or its brokers may purchase, or conclude agreements to purchase, ISARIA Wohnbau AG shares, directly or indirectly, outside of the scope of the Offer, before, during or after the acceptance or any additional acceptance period. This applies to other securities that are directly convertible into, exchangeable for, or exercisable for ISARIA Wohnbau AG shares. These purchases may be completed via the stock exchange at market prices or outside the stock exchange at negotiated conditions. Any information on such purchases will be disclosed as required by law or regulation in Federal Republic of Germany or any other relevant jurisdiction. To the extent any announcements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words “will”, “expect”, “believe”, “estimate”, “intend”, “aim”, “assume” or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of LSREF4 ARIA Beteiligungs GmbH & Co. KG and the persons acting together with LSREF4 ARIA Beteiligungs GmbH & Co. KG. Such forward-looking statements are based on current plans, estimates and forecasts, which LSREF4 ARIA Beteiligungs GmbH & Co. KG and the persons acting together with LSREF4 ARIA Beteiligungs GmbH & Co. KG have made to the best of their knowledge, but which they do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by LSREF4 ARIA Beteiligungs GmbH & Co. KG or the persons acting together with LSREF4 ARIA Beteiligungs GmbH & Co. KG. It should be kept in mind that the actual events or consequences may materially differ from those contained in or expressed by such forward-looking statements.
2016-09-16 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |