DGAP-Adhoc

WCM commences private placement - subscription ratio of 67.9 percent within the subscription period

WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Capital Increase

06.07.2015 18:18

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WCM commences private placement - subscription ratio of 67.9 percent within
the subscription period

Frankfurt, 6 July 2015 - Just before the subscription period for its cash
capital increase with subscription rights comes to an end this evening, WCM
Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) is reporting
a provisional subscription ratio of around 67.9 percent. So far, 22,930,304
subscription rights have been exercised, entitling the holders to subscribe
for a total of 51,593,184 shares of WCM AG at a price of EUR 2.05 per
share. This figure includes 9,205,750 shares which existing shareholders
had made a binding commitment to acquire in advance of the transaction. Up
to 76,010,706 shares in total are expected to be issued in the course of
the cash capital increase. This would raise the company's share capital to
up to EUR 109,793,244.

The underwriters coordinating the transaction, Joh. Berenberg, Gossler &
Co. KG ("Berenberg", acting as sole global coordinator and sole bookrunner)
and ODDO SEYDLER BANK AG (joint lead manager), will offer the unsubscribed
shares to institutional investors in a private placement (rump placement)
today.

The proceeds from the cash capital increase are to be used for financing
the expansion of the portfolio property that was contractually secured in
recent months, for the redemption of loans and for the further development
of WCM AG.

About WCM AG

Reflecting its strategic realignment implemented in 2014, WCM Beteiligungs-
und Grundbesitz-AG (WCM AG) intends to position itself as one of the
leading commercial property companies in Germany. As a holder of office and
retail properties with a focus on major office locations, the company is on
a dynamic growth path. In the mid-term WCM AG plans to build a portfolio
with a value exceeding EUR 1 billion. The company utilises a comprehensive
network for the acquisition of properties and value-enhancing portfolio
management in order to generate long-term attractive rental income and a
steady cash flow. WCM AG also intends to leverage further opportunities