DGAP-Adhoc

Coreo AG: Resolution to carry out a capital increase - Seite 2

The Managing Board may offer New Shares not subscribed for by shareholders on the basis of the subscription right within the subscription period to selected investors at the subscription price of EUR 1.10, also in parallel with the subscription offer, within the framework of a private placement (non-public offer).

The subscription offer is expected to be published in the Bundesanzeiger (Federal Gazette) on 22 April 2022. mwb fairtrade Wertpapierhandelsbank AG, Gräfelfing, will provide support in terms of the securities.

It is intended that the net proceeds from the capital increase will serve to strengthen the Company's capitalisation. With the funds accruing to it from the Offering, the Company plans to primarily establish further subsidiaries and/or acquire (majority) shareholdings and to enable these and, if applicable, the existing majority shareholdings to acquire corresponding portfolio properties, developed and undeveloped land as well as the construction of buildings through loans or the granting of loans in order to expand the commercial and residential real estate portfolio.

About Coreo AG:

Coreo AG, with headquarters in Frankfurt am Main, is a dynamically growing real estate company with a focus on German commercial and residential real estate. The company invests in properties with significant potential to increase in value where there is a requirement for development, preferably in medium-sized centres. The objective is to build up an efficiently managed, high-yield property portfolio.

Important notes
This release is intended for information purposes only and does not constitute an offer to buy, sell, exchange or transfer any securities, nor a solicitation of an offer to purchase any securities of Coreo AG in the United States of America or any other jurisdiction. The above mentioned securities of Coreo AG were not and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States of America except pursuant to an exemption from the registration requirements of the Securities Act. Neither the Company nor any other party to the aforementioned transaction is planning to register the securities referred to herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States of America in conjunction with this announcement. Under no circumstances may the securities be offered in any jurisdiction in circumstances which would require the preparation or registration of a prospectus or offering circular in conjunction with the securities in that jurisdiction.