MAGNAT Real Estate Opportunities GmbH & Co. KGaA / Corporate Action 27.04.2009 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- MAGNAT on the planned capital reduction - A 10:1 capital reduction is expected to take place at the close of the market on 29 April 2009 - Conversion of the ISIN is expected to be on 30 April 2009 - MAGNAT will bear the cost of the conversion up to EUR 5.00 per depot Frankfurt am Main, 27 April 2009 - MAGNAT Real Estate Opportunities GmbH & Co. KGaA (ISIN: DE000A0J3CH0) will in all probability execute the 10:1 ordinary capital reduction, which was decided by the Shareholders' Extraordinary Meeting and comes into effect through registration in the commercial register on 20 April 2009, on 29/30 April 2009. MAGNAT shareholders will receive one new converted share with a proportionate amount of share capital of EUR 1.00 (ISIN: DE000A0XFSF0) for 10 shares with a proportionate amount of share capital of EUR 1.00 (ISIN: DE000A0J3CH0). At the start of trading on Thursady 30 April 2009, the shares will be listed with the new ISIN, the reduced share capital and the new share price. This measure will lead to the calculated value of the share increasing by a factor of 10. If the consolidation ratio leads to share fractions, after being instructed by their clients the custodian banks will aim for a settlement of the fractional amounts (ISIN: DE000A0XFSG8). MAGNAT will bear the cost of the conversion up to an amount of EUR 5.00 per depot for its shareholders. About MAGNAT: MAGNAT is a German real estate company which focuses on real estate development in Eastern Europe supplemented by special situations in the home market of Germany. The management focuses on undervalued real estate markets and on markets with macroeconomic growth. The strategy of MAGNAT is designed to exploit opportunistic inefficiencies. Unlike traditional investment strategies, MAGNAT profits not only from rental income but principally also from attractive development returns. www.magnat-reop.com Contact MAGNAT Real Estate Opportunities GmbH & Co. KGaA Dominic Köfner, CIRO Head of Corporate Communications Tel.: +49 (0)69 719 189 79 36 E-mail: dominic.koefner@magnat-reop.com Grüneburgweg 18 D-60322 Frankfurt am Main Press Relations edicto GmbH Axel Mühlhaus/Werner Rüppel Tel.: +49 (0) 69 905 50 55 2 E-mail: amuehlhaus@edicto.de DGAP 27.04.2009 --------------------------------------------------------------------------- Language: English Issuer: MAGNAT Real Estate Opportunities GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt am Main Deutschland Phone: +49 (0)69 / 719 189 79 0 Fax: +49 (0)69 / 719 189 79 11 E-mail: info@magnat-reop.com Internet: www.magnat-reop.com ISIN: DE000A0J3CH0 WKN: A0J3CH Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: MAGNAT Real Estate Opportunities GmbH & Co. KGaA: MAGNAT on the planned capital reduction
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