DGAP-Adhoc

Deutsche Wohnen AG: Minimum acceptance rate for takeover of Conwert not reached

Deutsche Wohnen AG / Key word(s): Offer

15.04.2015 20:17

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO
OR FROM ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Minimum acceptance rate for takeover of Conwert not reached

Berlin, 15 April 2015. Today, Deutsche Wohnen AG ("Deutsche Wohnen") has
announced that with respect to its voluntary public tender offer for all
relevant shares of conwert Immobilien Invest SE ("Conwert"), on the basis
of preliminary results, has not reached the minimum acceptance threshold of
50 percent + 1 share.

Given that the minimum acceptance threshold regarding the takeover offer
for Conwert shares has not been reached, the offers for Conwert's
convertible bonds as well as the anticipatory mandatory offer for the
relevant shares of ECO Business-Immobilien AG ("ECO") are no longer
effective.



Important note

This announcement is for information purposes only and neither constitutes
an invitation to sell, nor an offer to purchase, Conwert or ECO securities.
The offer document (in both German and English) is available for
downloading at www.deutsche-wohnen.com under the heading "Investor
Relations", and on the websites of the target company (www.conwert.com), as
well as at the Austrian Takeover Commission (www.takeover.at).

The offer was made exclusively under the laws of Austria, especially under
the Austrian Takeover Act ("Takeover Act") and certain applicable
provisions of U.S. securities law. The offer was not executed according to
the provisions of jurisdictions (including the jurisdictions of Australia
and Japan) other than those of Austria and certain applicable provisions of
U.S. securities law.

To the extent any announcements in this document contain forward-looking
statements, such statements do not represent facts and are characterized by
the words "will", "expect", "believe", "estimate", "intend", "aim",
"assume" or similar expressions. Such statements express the intentions,
opinions or current expectations and assumptions of Deutsche Wohnen and the
persons acting together with Deutsche Wohnen. Such forward-looking
statements are based on current plans, estimates and forecasts, which
Deutsche Wohnen and the persons acting together with Deutsche Wohnen have
made to the best of their knowledge, but which they 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 Deutsche Wohnen or the persons acting together with Deutsche
Wohnen. It should be kept in mind that the actual events or consequences
may materially differ from those contained in or expressed by such
forward-looking statements.



Contact

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15.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

End of Announcement DGAP News-Service

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