DGAP-Adhoc

Portfolio developer Noratis AG plans IPO

DGAP-Ad-hoc: Noratis AG / Key word(s): IPO/Letter of Intent Portfolio developer Noratis AG plans IPO 19-Jun-2017 / 08:49 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. 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 Publication of inside information in accordance with Article 17 MAR Portfolio developer Noratis AG plans IPO - Seeks IPO in the Scale segment of the Frankfurt Stock Exchange

- Capital increase of up to 2 million new shares to finance growth; secondary placement exclusively within the greenshoe option

- Price range set at EUR 18.75 to EUR 22.75 per share

- Subscription period from June 21, 2017 to June 27, 2017

- Sustainable lock-up for existing shareholders


Eschborn, June 19, 2017 - Today, Noratis AG, a portfolio developer of residential real estate, announced the offer details for its planned IPO in the Scale segment of the Frankfurt Stock Exchange Open Market. The offer consists of an initial public offering in the Federal Republic of Germany and a private placement to qualified investors in certain jurisdictions outside the Federal Republic of Germany and outside the United States of America under Regulation S of the U.S. Securities Act of 1933, as amended. The basis for the offer will be a securities prospectus that will contain detailed information about the IPO. The approval of the securities prospectus by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) is scheduled for today, June 19, 2017.