Deutsche Industrie REIT-AG: Deutsche Industrie REIT-AG decided upon a capital increase from authorized capital

Deutsche Industrie REIT-AG / Key word(s): Corporate ActionDeutsche Industrie REIT-AG: Deutsche Industrie

Deutsche Industrie REIT-AG: Deutsche Industrie REIT-AG decided upon a capital increase from authorized capital

Deutsche Industrie REIT-AG / Key word(s): Corporate Action
Deutsche Industrie REIT-AG: Deutsche Industrie REIT-AG decided upon a capital increase from authorized capital

03-Apr-2018 / 19:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Public disclosure of inside information pursuant to Article 17 MAR

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 OR IN THOSE IN WHICH THE PUBLIC OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS. MORE RESTRICTIONS DO EXIST. SEE ALSO THE IMPORTANT NOTICE AT THE END OF THIS PUBLICATION.

Deutsche Industrie REIT-AG decided upon a capital increase from authorized capital

Rostock, 3 April 2018 - The management board of Deutsche Industrie REIT-AG (WKN: A2G9LL, ISIN: DE000A2G9LL1), (the "Company"), adopted a resolution today, with the approval of the supervisory board, to increase the Company's share capital from EUR 15,000,048.00 by up to 1,500,004 to up to 16,500,052 (the "Capital Increase") through the partial use of its authorized capital by issuing up to 1,500,004 new ordinary bearer shares, each with a par value of EUR 1.00 per share (the "New Shares"). The New Shares are entitled to dividend from 1 October 2017.

The subscription price has been determined by the management board and approved by the supervisory board to be EUR 7.75 per New Share. The subscription period, during which the existing shareholders of the Company may exercise their subscription rights, will begin on 5 April 2018 and end on 18 April 2018 (both including) (the "Subscription Period").

The New Shares shall be offered in Germany in conjunction with a public subscription offer without securities prospectus in accordance with Sec. 1 (2) No. 4 of the German Securities Prospectus Act (Wertpapierprospektgesetz, WpPG) to the existing shareholders of the Company (the "Subscription Offer"). The subscription rights shall be granted to those shareholders of the Company entitled to subscribe, in such a way that only ODDO BHF AKTIENGESELLSCHAFT, Frankfurt am Main, which has undertaken the offering of the New Shares to the shareholders of the Company for indirect subscription. Those shareholders of the Company who are entitled to subscribe shall be admitted as subscription agents with regard to the New Shares as part of the Subscription Offer. Thus ten (10) existing shares of the company entitle the holder to subscribe one (1) New Share.

The maximum possible gross proceeds from the Capital Increase will amount to approx. EUR 11.6 million. The net issue proceeds from the Capital Increase will be used to fund the growth of the Company, with particular regards to further identified acquisition opportunities. The price for all New Shares offered in conjunction with the public Subscription Offer in the European Economic Area shall be less than EUR 5 million. For this purpose, several existing shareholders have already assigned their subscription rights for a total amount of 854,844 New Shares to ODDO BHF SCA, Paris, France ("ODDO BHF SCA").

ODDO BHF SCA reserves the right to exercise the assigned subscription rights and to offer the New Shares resulting from the assigned subscription rights to qualified investors in the Federal Republic of Germany and other selected countries (excluding the United States of America, Canada, Japan and Australia) in a private placement in accordance with the provisions of the Regulation S of the U.S. Securities Act of 1933, as amended (the "Private Placement"). ODDO BHF SCA shall be directly admitted to the subscription of the New Shares resulting from the assigned subscription rights. The New Shares resulting from the assigned subscription rights shall not be part of the Subscription Offer to the existing shareholders of the Company.

Existing shareholders entitled to subscribe will be granted an additional subscription option beyond their statutory subscription right for those New Shares which are part of the public Subscription Offer and for which the existing shareholders entitled to subscribe have not exercised any subscription right during the Subscription Period (the "Additional Subscription Option"). In addition, ODDO BHF SCA will be granted an Additional Subscription Option for those New Shares that are part of the public Subscription Offer and for which the existing shareholders entitled to subscribe have not exercised their subscription right nor an Additional Subscription Option during the Subscription Period.

Neither the Company nor the subscription agent have organised or planned a trading of the subscription rights. A price determination for the subscription rights on a stock exchange has also not been applied for.

The New Shares shall be admitted to the Regulated Market of the Berlin Stock Exchange without securities prospectus under the conditions of Sec 4 (2) No. 7 WpPG. The New shares are expected to be admitted to the stock exchange trading immediately after entry of the Capital Increase into the commercial register, which the Company expects to be completed on 20 April 2018. The New Shares are expected to be included in trading on the Regulated Market of the Berlin Stock Exchange on 23 April 2018.

Contact:
Deutsche Industrie REIT-AG
Mr René Bergmann
August-Bebel-Str. 68
14482 Potsdam
Tel. +49 331 740 076 535


Important notice:

This announcement neither constitutes an offer to sell nor an invitation to submit an offer to purchase or subscribe for securities of Deutsche Industrie REIT-AG in the United States of America, Germany or other countries. The offer is made exclusively through and on the basis of the Subscription Offer published by the Company.

This announcement does not constitute a securities prospectus. The Subscription Offer will be carried out in Germany in the form of a public offering without a securities prospectus in accordance with Sec. 1 (2) No. 4 of the German Securities Prospectus Act (Wertpapierprospektgesetz, WpPG). Hence, the Company will not issue or publish a security prospectus regarding the New Shares and the corresponding Subscription Offer. This is why such a security prospectus is not provided on an information basis referring to the subscription or the acquisition of New Shares. The company expressly draws the shareholders' attention to this fact. Shareholders and investors are advised to carefully inform themselves. The further details of the rights offering are expected to be published on the website of www.deutsche-industrie-reit.de. Interested shareholders should only base their investment decision concerning the securities mentioned in this announcement on the information that can be found on the Company's website. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed, for any purpose, on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change.

This announcement is not intended, directly or indirectly, for distribution or dissemination in the United States of America or within the United States of America (including its territories and possessions, a federal state or the District of Columbia) and must not be sent to "U.S. persons" (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or to publications with a general circulation in the United States of America. This announcement does not constitute, or form part of, an offer or solicitation to purchase or buy securities in the United States of America. The securities have not been and will not be registered under the Securities Act and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act, as amended. Deutsche Industrie REIT-AG does not intend to make a public offering of securities in the United States of America.

Subject to certain exceptions according to the applicable securities law, the securities mentioned in this announcement are not allowed to be sold or offered for sale in Canada, Australia or Japan or to citizens living in Canada, Australia or Japan. No measures were undertaken that would permit an offer, an acquisition or distribution of the securities in countries where this is not allowed. Anyone who comes into possession of this announcement is required to inform themselves and to comply with any possible restriction.

This announcement contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Deutsche Industrie REIT-AG and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described herein due to factors affecting Deutsche Industrie REIT-AG such as, among other things, changes in the general economic and competitive environment, capital market risks, currency exchange rate fluctuations and competition from other companies, and changes in international and national laws and regulations, in particular with respect to tax laws and regulations. Deutsche Industrie REIT-AG does not assume any obligation to update any forward-looking statements.

Neither the coordinating bank nor any of their directors, officers, employees, advisers or agents accept any responsibility or liability whatsoever for or make any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or, with limited exception, other information relating to Deutsche Industrie REIT-AG, its subsidiaries or associated companies, whether written, oral or in visual or electronic form, and independent from how it was transmitted or made available, or for any loss in any way arising from any use of this announcement or its contents or otherwise arising in connection therewith.


03-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Deutsche Industrie REIT-AG
Martin-Niemöller-Str. 23
18147 Rostock
Germany
Phone: +49 331 740076 5 - 0
Fax: +49 331 / 740 076 520
E-mail: rb@deutsche-industrie-reit.de
Internet: www.deutsche-industrie-reit.de
ISIN: DE000A2G9LL1, DE000A2GS3T9
WKN: A2G9LL, A2GS3T
Listed: Regulated Market in Berlin; Regulated Unofficial Market in Frankfurt


 
End of Announcement DGAP News Service

 

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