DGAP-Adhoc: TLG IMMOBILIEN AG determines the number of new shares to be issued and the placement price for the new shares

2019. június 27., csütörtök, 00:07





DGAP-Ad-hoc: TLG IMMOBILIEN AG / Key word(s): Capital Increase/Real Estate


TLG IMMOBILIEN AG determines the number of new shares to be issued and the placement price for the new shares


27-Jun-2019 / 00:07 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL




TLG IMMOBILIEN AG determines the number of new shares to be issued and the placement price for the new shares

Berlin, Germany, June 26, 2019 - TLG IMMOBILIEN has decided to increase its registered share capital through partial utilization of its authorized capital under the exclusion of shareholders" subscription rights from EUR 103,384,729.00 by EUR 8,500,000.00 to EUR 111,884,729.00. The 8,500,000 new no‐par value ordinary bearer shares were placed in a private placement with institutional investors by way of an accelerated bookbuilding process and carry full dividend rights as from January 1, 2019.



The shares were placed at a placement price of EUR 26.13 per share. The gross issue proceeds thus amount to approximately EUR 222 million.



It is expected that the new shares will be admitted to trading on July 1, 2019 and will be included in the existing quotation on the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) on July 2, 2019. The new shares will carry full dividend rights from January 1, 2019. Settlement/closing of the transaction is expected to take place on July 2, 2019.



TLG IMMOBILIEN AG intends to use the net proceeds from the private placement for the financing of potential growth and acquisitions in line with TLG IMMOBILIEN AG"s communicated investment strategy, including its LTV targets.



Contact



Sven Annutsch

Investor Relations

TLG IMMOBILIEN AG

Hausvogteiplatz 12

10117 Berlin

Germany

Phone: +49 30 2470 6089

Fax: +49 30 2470 7446

E-Mail: ir@tlg.de

Internet: www.tlg.de



ISIN: DE000A12B8Z4

WKN: A12B8Z

Indices: SDAX

Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange

Important notice



This publication may not be published, distributed or transmitted, directly or indirectly, in the United States of America (including its territories and possessions), Canada, Japan or Australia or any other jurisdiction where such announcement could be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons who are in possession of this document or other information referred to herein should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.



This publication does not constitute an offer of, or a solicitation of an offer to purchase, securities of TLG IMMOBILIEN AG or of any of its subsidiaries in the United States of America, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, an offer in any jurisdiction. The securities referred to herein may not be offered or sold in the United States of America in the absence of registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities of TLG IMMOBILIEN AG have not been, and will not be, registered under the Securities Act.



In the United Kingdom, this announcement is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc. (all such persons together being referred to as "Relevant Persons")). This document must not be acted on, or relied upon, by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.



In member states of the European Economic Area ("EEA") this announcement and any offer, if made subsequently, is directed exclusively at persons who are "qualified investors" within the meaning of the Prospectus Directive. For these purposes, the expression "Prospectus Directive" means Directive 2003/71/EC and any amendments thereto, in particular Directive 2010/73/EU.



No action has been taken that would permit an offering or an acquisition of the securities or a distribution of this announcement in any jurisdiction where such action would be unlawful. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.



This announcement does not constitute a recommendation concerning the private placement of securities described in this announcement (the "Placement"). Investors should consult a professional advisor as to the suitability of the Placement for the person concerned.



To the extent that this announcement contains forward-looking statements, such statements do not represent facts and are characterized by the words "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of TLG IMMOBILIEN AG and are based on current plans, estimates and forecasts which TLG IMMOBILIEN AG has made to the best of its knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by TLG IMMOBILIEN AG. It should be kept in mind that the actual events or developments may differ materially from those contained in or expressed by such forward-looking statements.











27-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: TLG IMMOBILIEN AG

Hausvogteiplatz 12

10117 Berlin

Germany
Phone: 030 - 2470 - 50
Fax: 030 - 2470 - 7337
E-mail: ir@tlg.de
Internet: www.tlg.de
ISIN: DE000A12B8Z4
WKN: A12B8Z
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 831779





 
End of Announcement DGAP News Service




831779  27-Jun-2019 CET/CEST







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