TAG Immobilien AG successfully prices convertible bond offering
TAG Immobilien AG / Key word(s): Corporate Action25.06.2012 19:08Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Not for publication or distribution in the United States, Australia, Canadaor Japan.TAG Immobilien AG successfully prices convertible bond offeringHamburg, 25 June 2012: TAG Immobilien AG, Hamburg, ('TAG') announces thesuccessful execution and pricing of its offering to institutional investorsoutside of the US only, of EUR 85.3 million unsubordinated, unsecuredconvertible Bonds due 2019 (the 'Bonds').The Bonds will have a maturity of seven years and will be convertible into9,640,248 no par value ordinary bearer shares of TAG. The coupon has beenset at 5.5% from a coupon range of 4.50% - 5.50%. The conversion price hasbeen set at EUR 8.8483, which represents a conversion premium of 20.0%above the reference share price of EUR 7.3736 (the volume weighted averageprice of the shares on XETRA on the pricing date). The pre-emptive rightsof shareholders of TAG to subscribe to the Bonds are excluded.Deutsche Bank, Frankfurt am Main, is acting as sole Bookrunner in relationto the transaction. Close Brothers Seydler AG, Frankfurt am Main, andKempen & Co N.V., Amsterdam, are acting as Co-Managers.TAG intends to use the proceeds from the issue of the Bonds for therepayment of a vendor loan resulting from the acquisition of DKB ImmobilienAG, future acquisitions and general corporate purposes.IMPORTANT NOTENOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA (ORTO US PERSONS), AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION INWHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAWThis ad-hoc announcement is for information purposes only and does notconstitute or form part of, and should not be construed as an offer or aninvitation to sell, or issue or the solicitation of any offer to buy orsubscribe for, any securities. In connection with this transaction therehas not been, nor will there be, any public offering of the Bonds. Noprospectus will be prepared in connection with the offering of the Bonds.The Bonds may not be offered to the public in any jurisdiction incircumstances which would require the Issuer of the Bonds to prepare orregister any prospectus or offering document relating to the Bonds in suchjurisdiction.The distribution of this ad-hoc announcement and the offer and sale of theBonds in certain jurisdictions may be restricted by law. Any personsreading this ad-hoc announcement should inform themselves of and observeany such restrictions.This ad-hoc announcement does not constitute an offer to sell or asolicitation of an offer to purchase any securities in the United States.The securities referred to herein (including the Bonds and the shares ofTAG Immobilien AG) have not been and will not be registered under the U.S.Securities Act of 1933, as amended (the 'Securities Act') or the laws ofany state within the U.S., and may not be offered or sold in the UnitedStates or to or for the account or benefit of U.S. persons, except in atransaction not subject to, or pursuant to an applicable exemption from,the registration requirements of the Securities Act or any state securitieslaws. This ad-hoc announcement and the information contained herein may notbe distributed or sent into the United States, or in any other jurisdictionin which offers or sales of the securities described herein would beprohibited by applicable laws and should not be distributed to UnitedStates persons or publications with a general circulation in the UnitedStates. No offering of the Bonds is being made in the United States.In the United Kingdom, this ad-hoc announcement is only being distributedto and is only directed at (i) persons who have professional experience inmatters relating to investments falling within Article 19(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005(the 'Order') and (ii) high net worth entities falling within Article 49(2)of the Order and (iii) persons to whom it would otherwise be lawful todistribute it (all such persons together being referred to as 'relevantpersons'). The Bonds are only available to, and any invitation, offer oragreement to subscribe, purchase or otherwise acquire such Bonds will beengaged in only with, relevant persons. Any person who is not a relevantperson should not act or rely on this ad-hoc announcement or any of itscontents.The shares of TAG Immobilien AG are admitted to trading on the regulatedmarket of the Frankfurt Stock Exchange (Prime Standard) and the Munichstock exchange as well as on the inofficial market (Freiverkehr) of theBerlin, Hannover, Düsseldorf, Hamburg und Stuttgart stock exchanges. ISIN:DE0008303504; WKN: 830350. TAG Immobilien AG shares are listed in theSDAX(R) Index of Deutsche Börse.Further information can be obtained on the webpage of TAG Immobilien AG:www.tag-ag.comPress enquiries:TAG Immobilien AGInvestor & Public RelationsBritta Wöhner / Dominique Mann Steckelhörn 520457 HamburgTel. +49 (0)40 380 32-0Fax +49 (0)40 380 32-388 ir@tag-ag.comAbout TAG Immobilien AGTAG Immobilien AG is a listed real estate group. Its main businessactivities entail residential and commercial real estate in Germanmetropolitan regions as well as the provision of real estate services.TAG's real-estate volume amounts to EUR 3,062 million (as of 31 March2011). Of this, the company has EUR 2,583 million invested in residentialreal estate and nearly EUR 475 million in commercial real estate. TAG issolidly financed, with an equity ratio of 27% and mostly long-termfinancing.TAG is listed in the SDAX since December 2006.25.06.2012 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: EnglishCompany: TAG Immobilien AG Steckelhörn 5 20457 Hamburg GermanyPhone: 040 380 32 0Fax: 040 380 32 390E-mail: ir@tag-ag.comInternet: www.tag-ag.comISIN: DE0008303504WKN: 830350Indices: SDAXListed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
