ADLER Real Estate AG
ADLER Real Estate AG: ADLER Real Estate increases capital by approximately 10 percent
ADLER Real Estate AG / Key word(s): Capital Increase 29.10.2014 11:02 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 increases capital by approximately 10 percent - 2,850,000 new shares placed at a price of EUR 7.40 per share - Subscription rights of existing shareholders were excluded - Proceeds shall be utilised to finance the acquisition of additional real estate portfolios Hamburg, 29 October 2014. ADLER Real Estate AG, Frankfurt am Main, Germany (ISIN DE0005008007), successfully completed the capital increase from approved capital resolved on 28 October 2014. A total of 2.85 million shares were placed with institutional investors in Germany and the rest of Europe under the exclusion of the subscription rights of existing shareholders after the completion of an accelerated bookbuilding process. The placement price per share was EUR 7.40. Consequently, the gross emission proceeds from the capital increase amount to approx. EUR 21.09 million. Once the capital increase is entered in the commercial register, the company's share capital will total approx. EUR 31.42 million. The new shares will likely be approved on 31 October 2014 for trading without a prospectus on the Regulated Market segment of the Frankfurt Stock Exchange as well as the sub-segment of the Regulated Market with additional post-admission obligations (Prime Standard) and be eligible for dividends as at 1 January 2014. The proceeds from the capital increase will be 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, ADLER contractually secured the acquisition of a majority stake in housing association Jade GmbH, which holds approx. 6,750 units. Following the closing of this transaction, ADLER will hold a residential real estate portfolio comprising more than 32,000 apartments. Berenberg and Close Brothers Seydler Bank AG managed the transaction as Joint Global Coordinators and Joint Bookrunners. 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 29.10.2014 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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