DGAP-Adhoc

WCM Beteiligungs- und Grundbesitz-AG: WCM AG resolves on capital increase against cash contributions under the exclusion of existing shareholders' subscription rights

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

25.11.2015 17:48

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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Ad hoc disclosure according to Section 15 of the WpHG

WCM AG resolves on capital increase against cash contributions under the
exclusion of existing shareholders' subscription rights

Frankfurt, 25 November 2015 -
Today the Management Board of WCM Beteiligungs- und Grundbesitz-AG (WCM AG,
ISIN: DE000A1X3X33) with the approval of the Supervisory Board resolved to
increase the Company's issued share capital against cash contributions from
currently EUR 109,793,244.00 by 10,979,256 EUR to EUR 120,772,500.00 by
issuing 10,979,256 new no-par value ordinary bearer shares under the
exclusion of existing shareholders' subscription rights (this corresponds
to approximately 10.0% of the current share capital), each such share
representing a notional amount of the issued share capital of EUR 1.00 per
share. The new shares will carry full dividend rights as of January 1,
2015.

The 10,979,256 new shares will be offered for purchase exclusively to
institutional investors in a private placement by way of an accelerated
bookbuilding process in reliance on Regulation S of the U.S. Securities Act
of 1933, as amended (the "Securities Act"). The private placement begins on
November 25, 2015 and ends on November 26, 2015 at the latest (expected).
The placement price for the new shares is expected to be announced on
November 26, 2015.
Berenberg (Joh. Berenberg, Gossler & Co. KG) is acting as Sole Bookrunner.

It is expected that the new shares will be included to trading without a
prospectus on November 27, 2015 on the regulated market (Prime Standard) of
the Frankfurt Stock Exchange (Frankfurter
Wertpapierbörse), as well as on the stock exchanges Berlin, Hamburg and
Stuttgart.

The lock-up agreed in connection with the capital increase June 2015 has
been waived for the purpose of the upcoming capital increase. Furthermore,
the company agreed to a further six month (soft-) lock-up.

WCM intends to use the net proceeds to finance the ongoing dynamic
expansion of its real estate portfolio. WCM is currently in advanced talks
regarding various acquisition targets which are in line with the Company's
overall strategy.

About WCM AG

WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in