DGAP-Adhoc  418  0 Kommentare TAG Immobilien AG decides to sell up to 5,000,000 treasury shares

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TAG Immobilien AG decides to sell up to 5,000,000 treasury shares

The management of TAG Immobilien AG (the "Company"), Hamburg, today - with
consent of the supervisory board of the Company - decided to sell up to
5,000,000 treasury shares, currently held by a subsidiary of the Company
(the "Placement Shares"), corresponding to 3.66% of the Company's ordinary
share capital, in a private placement by means of an accelerated
bookbuilding process (the "Placement").

The Company intends to use the proceeds from the Placement for general and
corporate purposes as well as for potential property acquisitions in the
context of its overall strategy of continuously optimizing its capital
structure.

The Placement will start immediately and is - subject to extension or
acceleration - expected to end before tomorrow's stock market opening. The
management of the Company will - with consent of the supervisory board of
the Company - determine the final number of Placement Shares and the price
for which the Placement Shares are being sold after completion of the
accelerated bookbuilding process.

With regards to the Placement, Berenberg and Kempen & Co are acting as
Joint Bookrunners.

Disclaimer

THIS PUBLICATION IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED,
AND SHOULD NOT BE CONSTRUED, AS AN OFFER TO SELL OR A SOLICITATION OF AN
OFFER TO BUY OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES OF TAG
IMMOBILIEN AG (THE "COMPANY"), HAMBURG IN ANY JURISDICTION, INCLUDING THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. NEITHER THIS
PUBLICATION NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE
RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY
JURISDICTION. NO PUBLIC OFFERING OF SECURITIES OF THE COMPANY IS BEING, OR
WILL BE, MADE IN ANY JURISDICTION. THE SECURITIES OF THE COMPANY DESCRIBED
HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER THE SECURITIES