TAG Immobilien AG: Notice of results to the Repurchase Invitation to the holders of the series of Notes to tender for purchase for cash the outstanding Notes


TAG Immobilien AG / Key word(s): Miscellaneous

31.07.2013 / 07:16


31 July 2013

NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA

 

Notice of results to the Repurchase Invitation by TAG Immobilien AG

to the holders of the series of Notes to tender for purchase for cash the outstanding Notes
at the Repurchase Price up to the Maximum Cash Consideration

TAG Immobilien AG (the Company) invited holders of three series of outstanding convertible Notes (as set out in the table below) (the Notes) to tender for purchase for cash (the Repurchase Invitation). Credit Suisse Securities (Europe) Limited acted as dealer manager in relation to the Repurchase Invitation.

The Company has decided to accept proposals for sale under the Repurchase Invitation in an aggregate cash amount of EUR 76,419,798.36 (including accrued interest to the Settlement Date) at the relevant Repurchase Price as set out in the table below. The Company will also pay accrued interest to the Settlement Date.

Description ISIN Denomination Accepted Principal Amount Outstanding Amount upon Settlement Repurchase Price
EUR 30,000,000 6.375 per cent. Convertible Notes due May 2015 DE000A1ELQF0 EUR 100.00 EUR 10,947,900.00 EUR 18,997,200.00 EUR 184.80 (excluding accrued interest)
EUR 66,600,000 6.50 per cent. Convertible Notes due December 2015 DE000A1E89W7 EUR 7.40 EUR 29,132,053.60 EUR 37,466,710.60 EUR 10.62 (including accrued interest to the Settlement Date)
EUR 85,300,000 5.50 per cent. Convertible Notes due June 2019 DE000A1PGZM3 EUR 100,000.00 EUR 10,800,000.00 EUR 74,500,000.00 EUR 131,000.00 (excluding accrued interest)
 

The Repurchase Invitation commenced on 29 July 2013 and expired at 6 pm CET on 30 July 2013.

The settlement of the Notes is expected to occur on 7 August 2013 (the Settlement Date).

Requests for information in relation to the terms of the Repurchase Invitation should be directed to:

Dealer Manager:

Credit Suisse Securities (Europe) Limited
One Cabot Square
London E14 4QJ
United Kingdom

Tel. No.: +44 (0) 20 7883 6930
Fax No.: +44 (0) 20 7943 4428
Attention: Convertible Bonds Origination Desk

Disclaimer

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO OR TO ANY PERSON NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES). THE OFFER REFERENCED HEREIN IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR BY USE OF THE MAILS, OR BY ANY MEANS OR INSTRUMENTALITY OF INTERSTATE OR FOREIGN COMMERCE, OR OF ANY FACILITY OF A NATIONAL SECURITIES EXCHANGE, OF THE UNITED STATES AND THE OFFER CANNOT BE ACCEPTED BY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY OR FROM WITHIN THE UNITED STATES.

This release does not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States. The securities referred to herein (including the Notes and the shares of TAG 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 of any state within the U.S., and may not be offered or sold in the United States or to or for the account or benefit of U.S. persons, except in a transaction not subject to, or pursuant to an applicable exemption from, the registration requirements of the Securities Act or any state securities laws. This release and the information contained herein may not be distributed or sent into the United States, or in any other jurisdiction in which offers or sales of the securities described herein would be prohibited by applicable laws and should not be distributed to United States persons or publications with a general circulation in the United States. No offering of the Notes is being made in the United States.

Contact:
TAG Immobilien AG
Head of Investor and Public Relations
Dominique Mann
Tel. +49 (0) 40 380 32 -300
Fax +49 (0) 40 380 32 390
ir@tag-ag.com



End of Corporate News


31.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG.
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Language:English
Company:TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone:040 380 32 0
Fax:040 380 32 390
E-mail:ir@tag-ag.com
Internet:www.tag-ag.com
ISIN:DE0008303504
WKN:830350
Indices:MDAX
Listed:Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart
End of NewsDGAP News-Service

223509  31.07.2013