Madison Property AG
Madison Property AG: Start in Entry Standard at EUR 26.50
Madison Property AG / Key word(s): IPO Madison Property AG: Start in Entry Standard at EUR 26.50 06.12.2010 / 09:13 * First price of the day slightly above issue price of new shares of EUR 26.00 * Issue volume of capital increase amounting to approximately EUR 5 million * Net proceeds to finance project pipeline Berlin/Frankfurt, 6 December 2010 - Today, the shares of Madison Property AG (ISIN DE000A0V9KR3 / WKN A0V9KR / Ticker MPD) started trading in the Entry Standard of Deutsche Börse in Frankfurt, Germany at a price of EUR 26.50. The first price of the day was slightly higher than the issue price of the new shares of EUR 26.00, that had been placed in the context of a capital increase and an uplisting of Madison from Open Market to Entry Standard. Madison completed the capital increase by placing 189,500 new shares. The issue volume of the new shares amounts to approximately EUR 5 million. Based on the first price after the uplisting, the market capitalisation of Madison Property AG amounts to approximately EUR 97.8 million. The free float is around 12.73%. About 7% of the shares were placed with private investors, while about 93% of the shares were placed with institutional investors in Germany and other countries. The shares were allocated to private investors on the basis of consistent criteria, with each investor being allocated 67% of his order. The issue price for the new shares from the capital increase had been set at EUR 26.00, the lower end of the price range of EUR 26.00 to EUR 29.00. The company's shares are continuously traded on the electronic trading system XETRA of Deutsche Börse AG. The net proceeds of the capital increase with public offering are to be used by Madison for the construction of real estate projects. About Madison Property AG Madison Property AG is a German stock corporation under the laws of Germany with its legal seat in Berlin. It is the holding company of Madison Property Group Limited which operates as a large scale property developer with its local subsidiaries in China, mainly in the Shandong Province and the municipality of Chongqing. Founded in 1998, Madison already completed and successfully sold 14 projects/project phases. It is focused mainly on residential properties with high quality and travel as well as leisure properties. Madison is recognised as a Class I property developer by the People's Republic of China Ministry of Housing and Urban-Rural Development and can therefore undertake projects nationwide without limitation on the construction scale. For further information please contact: Kirchhoff Consult AG Dr. Kay Baden T: +49 40 60 91 86 34 F: +49 40 60 91 86 60 E-Mail: baden@kirchhoff.de or visit www.madisonproperty.de Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Madison Property AG. The offer is being made solely by means of, and on the basis of, the published securities prospectus (including any supplements thereto). An investment decision regarding the publicly offered securities of Madison Property AG should only be made on the basis of the securities prospectus. The securities prospectus is available free of charge from the Company, the syndicate bank or on the Company's website (www.madisonproperty.de). This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of Madison Property AG (the 'Shares') have not been registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. End of Corporate News 06.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 105546 06.12.2010
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