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DGAP-Adhoc TAG Immobilien AG decides to sell up to 5,000,000 treasury shares

Nachrichtenquelle: EQS Group AG
16.03.2016, 17:49  |  265   |   |   

TAG Immobilien AG / Key word(s): Miscellaneous

16.03.2016 17:49

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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NOT FOR DIRECT OR INDIRECT RELEASE, DISTRIBUTION, PUBLICATION OR FORWARDING
(IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA,
JAPAN OR SOUTH AFRICA OR IN ANY OTHER COUNTRY WHERE TO DO SO WOULD VIOLATE
THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

TAG Immobilien AG decides to sell up to 5,000,000 treasury shares

The management of TAG Immobilien AG (the "Company"), Hamburg, today - with
consent of the supervisory board of the Company - decided to sell up to
5,000,000 treasury shares, currently held by a subsidiary of the Company
(the "Placement Shares"), corresponding to 3.66% of the Company's ordinary
share capital, in a private placement by means of an accelerated
bookbuilding process (the "Placement").

The Company intends to use the proceeds from the Placement for general and
corporate purposes as well as for potential property acquisitions in the
context of its overall strategy of continuously optimizing its capital
structure.

The Placement will start immediately and is - subject to extension or
acceleration - expected to end before tomorrow's stock market opening. The
management of the Company will - with consent of the supervisory board of
the Company - determine the final number of Placement Shares and the price
for which the Placement Shares are being sold after completion of the
accelerated bookbuilding process.

With regards to the Placement, Berenberg and Kempen & Co are acting as
Joint Bookrunners.

Disclaimer

THIS PUBLICATION IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED,
AND SHOULD NOT BE CONSTRUED, AS AN OFFER TO SELL OR A SOLICITATION OF AN
OFFER TO BUY OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES OF TAG
IMMOBILIEN AG (THE "COMPANY"), HAMBURG IN ANY JURISDICTION, INCLUDING THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. NEITHER THIS
PUBLICATION NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE
RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY
JURISDICTION. NO PUBLIC OFFERING OF SECURITIES OF THE COMPANY IS BEING, OR
WILL BE, MADE IN ANY JURISDICTION. THE SECURITIES OF THE COMPANY DESCRIBED
HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND MAY NOT
BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES ABSENT
REGISTRATION UNDER THE SECURITIES ACT OR AN AVAILABLE EXEMPTION FROM, OR IN
A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND IN COMPLIANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY
STATE OR OTHER JURISDICTION OF THE UNITED STATES. THERE WILL BE NO PUBLIC
OFFERING OF SECURITIES IN THE UNITED STATES.

IN THE UNITED KINGDOM, THIS DOCUMENT IS ONLY BEING DISTRIBUTED TO AND 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) (HIGH NET WORTH COMPANIES,
UNINCORPORATED ASSOCIATIONS, ETC.) OF THE ORDER (ALL SUCH PERSONS TOGETHER
BEING REFERRED TO AS "RELEVANT PERSONS"). THIS DOCUMENT IS DIRECTED ONLY AT
RELEVANT PERSONS AND MUST NOT BE ACTED ON OR RELIED ON 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.

THE JOINT BOOKRUNNERS ARE ACTING EXCLUSIVELY FOR THE COMPANY AND NO-ONE
ELSE IN CONNECTION WITH THE PLACING. THEY WILL NOT REGARD ANY OTHER PERSON
AS THEIR RESPECTIVE CLIENTS AND WILL NOT BE RESPONSIBLE TO ANYONE OTHER
THAN THE COMPANY FOR PROVIDING THE PROTECTIONS AFFORDED TO THEIR RESPECTIVE
CLIENTS, NOR FOR PROVIDING ADVICE IN RELATION TO THE CONTENTS OF THIS
PUBLICATION OR ANY TRANSACTION, ARRANGEMENT OR OTHER MATTER REFERRED TO
HEREIN.

NONE OF THE JOINT BOOKRUNNERS OR ANY OF THEIR RESPECTIVE DIRECTORS,
EMPLOYEES, ADVISERS OR AGENTS ACCEPTS ANY RESPONSIBILITY OR LIABILITY
WHATSOEVER FOR (INCLUDING ANY LOSS HOWSOEVER ARISING FROM ANY USE OF THE
PUBLICATION OR ITS CONTENTS OR OTHERWISE ARISING IN CONNECTION THEREWITH)
OR MAKES ANY REPRESENTATION OR WARRANTY, EXPRESSED OR IMPLIED, AS TO THE
TRUTH, ACCURACY OR COMPLETENESS OF THE INFORMATION IN THIS PUBLICATION (OR
WHETHER ANY INFORMATION HAS BEEN OMITTED FROM THE PUBLICATION), WHETHER
WRITTEN, ORAL OR IN A VISUAL OR ELECTRONIC FORM, AND HOWSOEVER TRANSMITTED
OR MADE AVAILABLE.

Contact:
TAG Immobilien AG
Head of Investor and Public Relations
Dominique Mann
Fon +49 40 380 32 300
ir@tag-ag.com


16.03.2016 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: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 388
E-mail: ir@tag-ag.com
Internet: http://www.tag-ag.com
ISIN: DE0008303504, XS0954227210, DE000A12T101
WKN: 830350, A1TNFU, A12T10
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Stuttgart; Terminbörse EUREX

End of Announcement DGAP News-Service

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Wertpapier: TAG Immobilien

Themen: Immobilien, SEC, ICT


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