TAG Immobilien AG resolves to sell up to 4,095,124 treasury shares
TAG Immobilien AG / Key word(s): Transaction in Own Shares06-March-2017 / 17:45 CET/CESTDisclosure of an inside information acc. to Article 17 MAR, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INWHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN ORSOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE AVIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.-----------------------------------------------------------------------------------------------------Publication of an insider information in accordance with Article 17 MAR-----------------------------------------------------------------------------------------------------TAG Immobilien AG resolves to sell up to 4,095,124 treasury sharesHamburg, 6 March 2017 - Today, the management board of TAG Immobilien AG(the "Company"), Hamburg, resolved, with the approval of the Company'ssupervisory board, to sell up to 4,095,124 treasury shares (the "PlacingShares"), representing up to 2.8% of the share capital, held by the Company(the "Placing"), in a private placement by means of an accelerated book-building process.The Placing Shares represent the last remaining shares from the sharebuyback conducted by the Company in financial year 2014. They rank paripassu in all respects with the existing shares of the Company (including asto dividend rights for financial year 2016).The Company intends to use the proceeds of the Placing to partially fundthe acquisition of 1.441 residential units in the city Brandenburg asannounced on 6 March 2017, for further acquisitions as well as to furtheroptimize its capital structure.The Placing will be launched with immediate effect and is expected to endbefore markets open tomorrow, subject to acceleration or extension. TheCompany's management board, with the approval of the Company's supervisoryboard, will determine the final number of Placing Shares to be sold and theprice at which the Placing Shares are to be placed following the conclusionof the accelerated book-building process.The Placing Shares will be offered for purchase exclusively toinstitutional investors in Germany and elsewhere in Europe in offshoretransactions as defined in, and in reliance on, Regulation S under the U.S.Securities Act of 1933, as amended (the "Securities Act") and in the UnitedStates only to persons reasonably believed to be "qualified institutionalbuyers" as defined in Rule 144A under the Securities Act ("Rule 144A")pursuant to Rule 144A.Joh. Berenberg, Gossler & Co. KG will be acting as Sole Bookrunner inconnection with the Placing.DisclaimerTHIS PUBLICATION IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED,AND SHOULD NOT BE CONSTRUED, AS AN OFFER TO SELL OR A SOLICITATION OF ANOFFER TO BUY OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES OF TAGIMMOBILIEN AG (THE "COMPANY"), HAMBURG IN ANY JURISDICTION, INCLUDING THEUNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. NEITHER THISPUBLICATION NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BERELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANYJURISDICTION. NO PUBLIC OFFERING OF SECURITIES OF THE COMPANY IS BEING, ORWILL BE, MADE IN ANY JURISDICTION. THE SECURITIES OF THE COMPANY DESCRIBEDHEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIESACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER THE SECURITIESLAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND MAY NOTBE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES ABSENTREGISTRATION UNDER THE SECURITIES ACT OR AN AVAILABLE EXEMPTION FROM, OR INA TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THESECURITIES ACT AND IN COMPLIANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANYSTATE OR OTHER JURISDICTION OF THE UNITED STATES. THERE WILL BE NO PUBLICOFFERING OF SECURITIES IN THE UNITED STATES.IN THE UNITED KINGDOM, THIS PUBLICATION IS ONLY BEING DISTRIBUTED TO AND ISONLY DIRECTED AT PERSONS WHO (I) ARE INVESTMENT PROFESSIONALS FALLINGWITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000(FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (THE "ORDER") OR (II) AREPERSONS FALLING WITHIN ARTICLE 49(2)(A) TO (D) (HIGH NET WORTH COMPANIES,UNINCORPORATED ASSOCIATIONS, ETC.) OF THE ORDER (ALL SUCH PERSONS TOGETHERBEING REFERRED TO AS "RELEVANT PERSONS"). THIS PUBLICATION IS DIRECTED ONLYAT RELEVANT PERSONS AND MUST NOT BE ACTED ON OR RELIED ON BY PERSONS WHOARE NOT RELEVANT PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICHTHIS PUBLICATION RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BEENGAGED IN ONLY WITH RELEVANT PERSONS.THE SOLE BOOKRUNNER IS ACTING EXCLUSIVELY FOR THE COMPANY AND NO-ONE ELSEIN CONNECTION WITH THE PLACING. THE SOLE BOOKRUNNER WILL NOT REGARD ANYOTHER PERSON AS ITS CLIENT AND WILL NOT BE RESPONSIBLE TO ANYONE OTHER THANTHE COMPANY FOR PROVIDING THE PROTECTIONS AFFORDED TO ITS CLIENT, NOR FORPROVIDING ADVICE IN RELATION TO THE CONTENTS OF THIS PUBLICATION OR ANYTRANSACTION, ARRANGEMENT OR OTHER MATTER REFERRED TO HEREIN.NEITHER THE SOLE BOOKRUNNER NOR ANY OF ITS DIRECTORS, EMPLOYEES, ADVISERSOR AGENTS ACCEPTS ANY RESPONSIBILITY OR LIABILITY WHATSOEVER FOR (INCLUDINGANY LOSS HOWSOEVER ARISING FROM ANY USE OF THE PUBLICATION OR ITS CONTENTSOR OTHERWISE ARISING IN CONNECTION THEREWITH) OR MAKES ANY REPRESENTATIONOR WARRANTY, EXPRESSED OR IMPLIED, AS TO THE TRUTH, ACCURACY ORCOMPLETENESS OF THE INFORMATION IN THIS PUBLICATION (OR WHETHER ANYINFORMATION HAS BEEN OMITTED FROM THE PUBLICATION), WHETHER WRITTEN, ORALOR IN A VISUAL OR ELECTRONIC FORM, AND HOWSOEVER TRANSMITTED OR MADEAVAILABLE.Contact:TAG Immobilien AGDominique MannHead of Investor and Public RelationsPhone: +49 40 380 32 300E-Mail: ir@tag-ag.com---------------------------------------------------------------------------06-March-2017 CET/CEST The DGAP Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Archive at www.dgap.de--------------------------------------------------------------------------- Language: English Company: TAG Immobilien AG Steckelhörn 5 20457 Hamburg Germany Phone: 040 380 32 0 Fax: 040 380 32 388 E-mail: ir@tag-ag.com Internet: www.tag-ag.com ISIN: DE0008303504, XS0954227210, DE000A12T101 WKN: 830350, A1TNFU, A12T10 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
