TAG Immobilien AG today fixed the subscription and offer price for the issuance of up to 20.6 million new shares at EUR 6.15
TAG Immobilien AG / Key word(s): Capital Increase12.03.2012 12:58Dissemination 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.---------------------------------------------------------------------------(Hamburg, 12 March 2012) On 29 February 2012, the management board of TAGImmobilien AG ('TAG' in the following) announced that TAG had tendered anoffer to acquire DKB Immobilien AG ('DKBI' in the following) in the courseof a bidding procedure. To finance the DKBI takeover, on 28 February 2012the management board resolved, with the approval of the supervisory boardand drawing on existing authorised capital, a capital increase against cashthrough the issuance of up to approximately 20.6 million new shares. Thenew shares will be offered to shareholders during a subscription periodfrom March 2 to 16, 2012. In addition, the new shares will be offeredpublicly in Germany to private and institutional investors, and as aprivate placement to institutional investors in selected other Europeancountries, subject to clawback of subscription rights by the entitledparties.The management board has, with the approval of the supervisory board, fixedthe subscription price and the offer price for the new shares offeredpublicly and in the private placement at EUR 6.15 per share. The finalvolume of the capital increase will be fixed on 19 March 2011 and publishedin an ad-hoc release and on the company's homepage. The capital increase isscheduled for entry in the commercial register on 20 March 2012. The newshares are to be admitted to trading on the regulated market of theFrankfurt stock exchange, with simultaneous admission to the Prime Standardsection, that same day. The inclusion of the new shares in the existingquotation is scheduled for 21 March 2012 and delivery is scheduled for 23March 2012. Kempen & Co. N.V., Amsterdam, and Close Brothers Seydler Bank AG, Frankfurtam Main, will serve as joint lead managers of the capital increase.DisclaimerThis document is neither an offer to sell nor an invitation to tenderoffers to buy or subscribe to securities. It is not intended forshareholders and investors in the United States, Canada, Australia orJapan.Shares in the company will be offered solely based on the prospectusapproved by Germany's Federal Financial Supervisory Authority (BaFin),which was published on 29 February 2012 on the company's homepage atwww.tag-ag.com/investor-relations.12.03.2012 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 ---------------------------------------------------------------------------
