checkAd

    DGAP-News  331  0 Kommentare OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share

    DGAP-News: OFFICEFIRST Immobilien AG & Co. KG, / Key word(s): IPO
    OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share

    30.09.2016 / 19:31
    The issuer is solely responsible for the content of this announcement.

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

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
    UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN
    WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE
    APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS
    RELEASE.

    OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share

    - Total offer volume (incl. Greenshoe) can amount to up to EUR 888 million
    - Placement of up to 50 per cent of the outstanding shares planned
    - OFFICEFIRST Immobilien expects to raise gross proceeds of EUR 450 million
    from the issuance of up to 21,428,571 new shares
    - Placement of 14,000,000 additional shares from the holdings of IVG
    Immobilien AG; over-allotments of up to 5,314,285 existing shares
    (corresponds to 15 percent of the base offer size)
    - Offer period to commence on 3 October 2016 and expected to end on 13
    October 2016; trading on the Frankfurt Stock Exchange expected to start on
    14 October 2016

    Frankfurt, 30 September 2016 - OFFICEFIRST Immobilien AG ("OFFICEFIRST
    Immobilien" or the "Company") has set the framework for its envisaged
    initial public offering (IPO) together with its sole shareholder IVG
    Immobilien AG ("IVG") and the underwriting banks. The prospectus has been
    approved by the German regulator (Bundesanstalt für
    Finanzdienstleistungsaufsicht, "BaFin"). Shares will be offered in a range
    between EUR 21 and 23 per share. The offer period will commence on 3
    October 2016 and is expected to end on 13 October 2016, at which time the
    offer price will be set. During this period, interested shareholders will
    be able to subscribe to OFFICEFIRST Immobilien shares.

    "We are consequently approaching our next goal of floating one of Germany's
    largest office property companies," says Michiel Jaski, CEO of OFFICEFIRST
    Immobilien. "We have a strong real estate management platform with an
    attractive portfolio that is focused on the six most important German
    metropolitan areas. The combination of our successful strategy and our
    powerful team makes us a compelling proposition for capital markets.
    Discussions with potential investors over the past weeks have shown that
    interest in OFFICEFIRST Immobilien is very strong."
    Seite 1 von 4


    EQS Group AG
    0 Follower
    Autor folgen
    Verfasst von EQS Group AG
    DGAP-News OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share DGAP-News: OFFICEFIRST Immobilien AG & Co. KG, / Key word(s): IPO OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share 30.09.2016 / 19:31 The issuer is solely responsible for the content of this announcement. …