Peach Property Group (Deutschland) AG
Peach Property Group (Deutschland) AG postpones IPO
Peach Property Group (Deutschland) AG / Key word(s): IPO 12.11.2012 18:02 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS. Ad-hoc release according to Section 15 of the Securities Trade Act (WpHG) Peach Property Group (Deutschland) AG postpones IPO Cologne, 12 November 2012. Peach Property Group (Deutschland) AG (ISIN DE000A1RE400) is postponing its planned IPO. The company will continue with the talks already initiated with strategically attractive investors. These talks will focus on alternative forms of cooperation and financing designed to bring about the future accelerated growth. The company had planned its initial listing on the Prime Standard segment of the Frankfurt Stock Exchange for 14 November. All previously-acquired projects in the pipeline, such as 'Living 108' and the projects in Dortmund, can be realised as planned thanks to the strength of the group's internal financing. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Peach Property Group Deutschland Peach Property Group Deutschland is one of the leading developers of very high quality residential property in Germany. The company's business activities range from the development of new construction projects in the luxury segment to the refurbishment of properties offering significant potential for value appreciation. As a 'brand innovator', the company works together with strong brands and partners such as 'yoo inspired by Starck', creating unique properties. Peach Property Group Deutschland also invests in high-yielding investment properties in order to generate steady cash flows in addition to the expected attractive development returns. The company's projects are based on extensive client knowledge and on a long-proven development and marketing platform. Contacts Investors and analysts: Bernd Hasse, CEO Peach Property Group (Deutschland) AG +49 (0)221 29923-0, investors@peachproperty.de Media: edicto GmbH Axel Mühlhaus / Dr. Sönke Knop +49 (0)69 90 550 5-52 investors@peachproperty.de Eschersheimer Landstr. 42-44 60322 Frankfurt 12.11.2012 DGAP's 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: Peach Property Group (Deutschland) AG Im Zollhafen 24 50678 Köln Germany Phone: +49 (0)221 29923 0 Fax: +49 (0)221 29923 200 E-mail: investors@peachproperty.de Internet: www.peachproperty.de ISIN: DE000A1RE400, DE000A1KQ8K4 WKN: A1RE40, A1KQ8K Listed: Regulierter Markt in Frankfurt (Prime Standard) Notierung vorgesehen / Designated to be listed End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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