DGAP-News

PATRIZIA Immobilien AG: Announcement of a Capital Increase from Retained Earnings and Issuance of Bonus Shares

DGAP-News: PATRIZIA Immobilien AG / Key word(s): Real Estate/Corporate
Action
PATRIZIA Immobilien AG: Announcement of a Capital Increase from Retained
Earnings and Issuance of Bonus Shares

16.08.2016 / 11:38
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

PATRIZIA Immobilien AG
Augsburg

- ISIN DE000PAT1AG3 -
- WKN PAT1AG -

Announcement of a Capital Increase from Retained Earnings and Issuance of
Bonus Shares

The ordinary shareholders' meeting of PATRIZIA Immobilien AG that was held
on 16 June 2016 decided to increase the company's share capital from
retained earnings by EUR 7,632,354.00 from EUR 76,323,533.00 to EUR
83,955,887.00 in accordance with the provisions of Sec. 207 et seqq. of the
German Stock Corporation Act (AktG). The capital will be increased by
converting part of the capital reserve shown in the company's annual
balance sheet as per 31 December 2015 into share capital. The capital
increase will be put into effect through the issuance of 7,632,354 new
registered no-par shares (bonus shares) with a part in the share capital of
EUR 1.00 per share. These will be issued to the shareholders of PATRIZIA
Immobilien AG at a 10:1 ratio. The new shares will become profit-bearing on
1 January 2016. The respective amendment of the articles of association was
entered into the commercial register of the company at the Local Court
Augsburg on 12 August 2016 and is therefore effective. The company's share
capital therefore now amounts to EUR 83,955,887.00 and is divided into
83,955,887 registered no-par shares.

The shareholders of our company will be entitled to bonus shares at a 10:1
ratio based on their current share holdings in ISIN DE000PAT1AG3 on the
cut-off date, in the evening, after the stock exchange has closed. This
way, one (1) new share will be provided for every ten (10) old shares. The
cut-off date will be set by the processing bank and explicitly announced by
the company. The technical processing is expected to take 10-12 banking
days. As soon as the cut-off date has been set, the date will be published
via a press release and online at www.patrizia.ag under "Investor Relations
- Annual General Meeting". Since all the shares of PATRIZIA Immobilien AG
are held in a collective custody account, shareholders do not have to do
anything else to initiate the assignment of the bonus shares. The bonus
shares will be provided to eligible shareholders on the basis of the old
shares they hold on the cut-off date at the close of the exchange through a
custody account credit.

Because of the 10:1 assignment ratio, some shareholders may become entitled
to a fractional share. In this event, the custody bank will inform entitled
shareholders about any steps that may have to be taken (assignment of
purchase or sale order for fractional shares).

The bonus shares have the same ISIN as the existing shares (ISIN
DE000PAT1AG3). They are guaranteed in a multiple share document deposited
with Clearstream Banking AG, Frankfurt am Main. According to the articles
of association, shareholders are not entitled to receive individual
certificates for their shares or any profit participations.

Augsburg, in the month of August 2016

PATRIZIA Immobilien AG
The Executive Board

PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstraße 26
86150 Augsburg

Listed: Official Market Frankfurt am Main (Prime Standard)
ISIN: DE000PAT1AG3
WKN: PAT1AG

Contact
Investor Relations

Michael Tegeder
T [phone]
[e-mail]

Verena Schopp de Alvarenga
T [phone]
[e-mail]


---------------------------------------------------------------------------

16.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: PATRIZIA Immobilien AG
Fuggerstraße 26
86150 Augsburg
Germany
Phone: +49 (0)821 - 509 10-000
Fax: +49 (0)821 - 509 10-999
E-mail: [e-mail]
Internet: www.patrizia.ag
ISIN: DE000PAT1AG3
WKN: PAT1AG
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange


End of News DGAP News Service
---------------------------------------------------------------------------

493009 16.08.2016