TAG Immobilien AG will repurchase three series of its outstanding convertible notes
TAG Immobilien AG / Key word(s): Miscellaneous29.07.2013 08:46Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------29 July 2013NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR ANY PERSON LOCATED ORRESIDENT IN THE UNITED STATES OF AMERICATAG Immobilien AG will repurchase three series of its outstanding convertible notesThe management board of TAG Immobilien AG (the Company) has resolved toinvite the holders of three series of Notes to tender for purchase at therespective Repurchase Price (as defined below) for cash as described below(the Repurchase Invitation). For this purpose, the Company intends to useparts of the net proceeds from the issue of the corporate bond in theamount of up to EUR 200 million and a term of five years, the offer ofwhich was also resolved today.The Repurchase Invitation relates to the following series of convertiblenotes (the Notes):Description ISIN Denomin- Outstandi- Minimum Repurchase ation ng Price Principal AmountEUR 30,000,000 6.375 DE000A1E EUR EUR EUR 177.86 (excludingper cent. LQF0 100.00 29,945,100 accrued interest)Convertible Notes .00due May 2015EUR 66,600,000 6.50 DE000A1E EUR 7.40 EUR EUR 10.23 (includingper cent. 89W7 66,598,764 accrued interest toConvertible Notes .20 the Settlement Date)due December 2015EUR 85,300,000 5.50 DE000A1P EUR EUR EUR 127,490.74per cent. GZM3 100,000. 85,300,000 (excluding accruedConvertible Notes 00 .00 interest)due June 2019The respective final repurchase price of each series of Notes (theRepurchase Price) will be determined following the Close of Invitation (asdefined below) and will be equal to an amount equal to or above therespective Minimum Repurchase Price for such series of Notes (as set out inthe table). The Company has limited the Notes to be repurchased pursuant tothe Repurchase Invitation such that the cash amount to be paid inconsideration for the Notes (including of accrued interest to theSettlementDate) will not exceed EUR 120,000,000 (the Maximum CashConsideration).The Repurchase Invitation will be valid from its publication and presumablyuntil 6 pm CET on 30 July 2013 (the Close of Invitation).The settlement of the Notes is expected to occur on 7 August 2013 (theSettlement Date).DisclaimerTHIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN ORINTO OR TO ANY PERSON NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON ORANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA LOCATED ORRESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKEISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OFAMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES). THE OFFERREFERENCED HEREIN IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO THEUNITED STATES, OR BY USE OF THE MAILS, OR BY ANY MEANS OR INSTRUMENTALITYOF INTERSTATE OR FOREIGN COMMERCE, OR OF ANY FACILITY OF A NATIONALSECURITIES EXCHANGE, OF THE UNITED STATES AND THE OFFER CANNOT BE ACCEPTEDBY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY OR FROM WITHIN THEUNITED STATES.This release does not constitute an offer to sell or a solicitation of anoffer to purchase any securities in the United States. The securitiesreferred to herein (including the Notes and the shares of TAG Immobilien AGhave not been and will not be registered under the U.S. Securities Act of1933, as amended (the Securities Act) or the laws of any state within theU.S., and may not be offered or sold in the United States or to or for theaccount or benefit of U.S. persons, except in a transaction not subject to,or pursuant to an applicable exemption from, the registration requirementsof the Securities Act or any state securities laws. This release and theinformation contained herein may not be distributed or sent into the UnitedStates, or in any other jurisdiction in which offers or sales of thesecurities described herein would be prohibited by applicable laws andshould not be distributed to United States persons or publications with ageneral circulation in the United States. No offering of the Notes is beingmade in the United States.29.07.2013 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: MDAXListed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------