DGAP-Adhoc
POLIS Immobilien AG: POLIS Immobilien shares will no longer be traded on the stock exchange
POLIS Immobilien AG / Key word(s): Delisting
21.08.2015 16:54
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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AD-HOC ANNOUNCEMENT
POLIS Immobilien shares will no longer be traded on the stock exchange
- no application for admission to an OTC segment
Berlin, 21 August 2015. The Board of Management of POLIS Immobilien AG,
Berlin, today decided not to apply for the company's shares to be admitted
to an OTC segment of a German Stock Exchange. This means that shares of
POLIS Immobilien will no longer be traded in any stock exchange segment
once the revocation of the admission of the company's bearer shares to
quotation on the regulated market of the Frankfurt Stock Exchange
(delisting) becomes effective on 7 October 2015, 24:00 h.
After a thorough examination of the various OTC segments, the Board of
Management has arrived at the conclusion that even the reduced expenses
would not justify the low economic benefit of a stock exchange listing
arising for POLIS Immobilien AG. This also applies insofar as the company
is very solidly financed, independently of the stock exchange, and does not
plan to finance itself in the capital market in the foreseeable future.
End of ad-hoc announcement
POLIS Immobilien AG, which was founded in Berlin in 1998, is a listed real
estate company that buys, refurbishes/revitalises, and manages office
properties for its own portfolio. The company focuses on one market
segment: office properties in inner-city locations at the most important
German office centres. The company acquires both fully leased properties
with modern facilities, which generate a secure cash flow, as well as
properties that are vacant or require modernisation, and which offer
specific value appreciation potential. The company pursues a moderate
buy-and-sell strategy. As of 30 June 2015, POLIS Immobilien's real estate
portfolio comprised a total of 23 properties with a market value of around
EUR 323 million. POLIS Immobilien shares are currently listed on the
regulated market (Prime Standard, ISIN: DE0006913304) of the Frankfurt
Securities Exchange. Further information can be found at www.polis.de.
Investor Relations: Press Contact:
Dr. Alan Cadmus Christina Siebels
POLIS Immobilien AG HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 30 225 00 250 Tel: +49 40 36 90 50-58
E-Mail: ir@polis.de E-Mail: c.siebels@hoschke.de
URL: www.polis.de
21.08.2015 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: POLIS Immobilien AG
Rankestraße 5/6
10789 Berlin
Germany
Phone: +49 30 225 00-261
Fax: +49 30 225 00-299
E-mail: info@polis.de
Internet: www.polis.de
ISIN: DE0006913304
WKN: 691330
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Hamburg, Munich
End of Announcement DGAP News-Service
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POLIS Immobilien shares will no longer be traded on the stock exchange
- no application for admission to an OTC segment
Berlin, 21 August 2015. The Board of Management of POLIS Immobilien AG,
Berlin, today decided not to apply for the company's shares to be admitted
to an OTC segment of a German Stock Exchange. This means that shares of
POLIS Immobilien will no longer be traded in any stock exchange segment
once the revocation of the admission of the company's bearer shares to
quotation on the regulated market of the Frankfurt Stock Exchange
(delisting) becomes effective on 7 October 2015, 24:00 h.
After a thorough examination of the various OTC segments, the Board of
Management has arrived at the conclusion that even the reduced expenses
would not justify the low economic benefit of a stock exchange listing
arising for POLIS Immobilien AG. This also applies insofar as the company
is very solidly financed, independently of the stock exchange, and does not
plan to finance itself in the capital market in the foreseeable future.
End of ad-hoc announcement
POLIS Immobilien AG, which was founded in Berlin in 1998, is a listed real
estate company that buys, refurbishes/revitalises, and manages office
properties for its own portfolio. The company focuses on one market
segment: office properties in inner-city locations at the most important
German office centres. The company acquires both fully leased properties
with modern facilities, which generate a secure cash flow, as well as
properties that are vacant or require modernisation, and which offer
specific value appreciation potential. The company pursues a moderate
buy-and-sell strategy. As of 30 June 2015, POLIS Immobilien's real estate
portfolio comprised a total of 23 properties with a market value of around
EUR 323 million. POLIS Immobilien shares are currently listed on the
regulated market (Prime Standard, ISIN: DE0006913304) of the Frankfurt
Securities Exchange. Further information can be found at www.polis.de.
Investor Relations: Press Contact:
Dr. Alan Cadmus Christina Siebels
POLIS Immobilien AG HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 30 225 00 250 Tel: +49 40 36 90 50-58
E-Mail: ir@polis.de E-Mail: c.siebels@hoschke.de
URL: www.polis.de
21.08.2015 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: POLIS Immobilien AG
Rankestraße 5/6
10789 Berlin
Germany
Phone: +49 30 225 00-261
Fax: +49 30 225 00-299
E-mail: info@polis.de
Internet: www.polis.de
ISIN: DE0006913304
WKN: 691330
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Hamburg, Munich
End of Announcement DGAP News-Service
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