alstria office REIT-AG / Key word(s): Capital Increase
24.03.2015 21:25
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc announcement §15 WpHG
- Not for release, publication or distribution in the United States,
Australia, Canada or Japan-
alstria office REIT-AG successfully executed capital increase
- Gross proceeds of EUR 102.7 million
- Proceeds will be used to fund future growth in existing investment
locations
HAMBURG, March 24, 2015 - alstria office REIT-AG ("alstria", ISIN
DE000A0LD2U1) successfully placed 7,901,847 new no-par value ordinary
bearer shares with institutional investors in an accelerated bookbuilding
process. The Company thereby increases its nominal share capital from EUR
79,018,487 to EUR 86,920,334, having partially utilized its authorized
capital and having excluded shareholders' subscription rights.
The shares were placed at a placement price of EUR 13.00 per share. The
Company will receive gross proceeds from the placement in an amount of
approximately EUR 102.7 million. The funds raised through the capital
increase - after deduction of fees and expenses in connection with the
issuance - will be used to finance further growth and to take advantage of
acquisition opportunities that were identified over the past months in line
with alstria's underwriting criteria.
The new shares shall be admitted to trading on the regulated market of the
Frankfurt Stock Exchange with simultaneous listing in the Prime Standard
segment of the Frankfurt Stock Exchange, which has enhanced disclosure
obligations, without publication of a securities prospectus. They carry
full dividend rights for the fiscal year 2014.
Settlement and payment of the new shares is anticipated to take place on
March 30, 2015.
Deutsche Bank and UBS acted as Joint Bookrunners on the transaction.
Contact:
Ralf Dibbern, IR/PR
Phone: +49 (0) 40 226 341 329
Email: rdibbern@alstria.de
More information on:
www.alstria.com
www.alstria.blogspot.com
www.twitter.com/alstria_REIT
About alstria:
alstria office REIT-AG is an internally managed Real Estate Investment
Trust (REIT) focused solely on acquiring, owning and managing office real
estate in Germany. alstria was founded in January 2006 and was converted
into the first German REIT in October 2007. Its headquarters are in
Hamburg. The Company owns a diversified portfolio of properties across
attractive German office real estate markets. As of today the portfolio
comprised 74 properties with an aggregate lettable space of 875,000 sqm and
is valued at approximately EUR 1.7 bn. The alstria office REIT-AG strategy
is based on active asset and portfolio management as well as on
establishing and maintaining good relationships with key customers and
decision makers. alstria focuses on long-term real estate value creation.
Disclaimer:
This release is for information only and does not constitute an offer to
sell, purchase, exchange or transfer any securities or a solicitation of
any such offer in the United States or any other jurisdiction. The
securities referred to herein have not been 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 absent registration or
an exemption from registration under the Securities Act. Neither alstria
office REIT-AG ("alstria") nor any other participant in the transactions
described herein intends to register any securities under the Securities
Act or with any securities regulatory authority of any state or other
jurisdiction in the United States in connection with the proposals
described in this announcement. The shares may not be offered to the public
in any jurisdiction in circumstances which would require the preparation or
registration of any prospectus or offering document relating to the shares
in such jurisdiction. No action has been taken by alstria, Deutsche Bank
AG, UBS Limited or any of their respective affiliates that would permit an
offering of the shares or possession or distribution of this announcement
or any other offering or publicity material relating to such securities in
any jurisdiction where action for that purpose is required. In member
states of the European Economic Area ('EEA'), this announcement and any
offer if made subsequently is directed only at persons who are 'qualified
investors' within the meaning of Article 2(1)(e) of the Prospectus
Directive (Directive 2003/71/EC) ('Qualified Investors'). Any person in the
EEA who acquires the securities in any offer (an 'investor') or to whom any
offer of the securities is made will be deemed to have represented and
agreed that it is a Qualified Investor. Any investor will also be deemed to
have represented and agreed that any securities acquired by it in the offer
have not been acquired on behalf of persons in the EEA other than Qualified
Investors or persons in the UK and other member states(where equivalent
legislation exists) for whom the investor has authority to make decisions
on a wholly discretionary basis, nor have the securities been acquired with
a view to their offer or resale in the EEA to persons where this would
resulting a requirement for publication by alstria, Deutsche Bank AG or UBS
Limited of a prospectus pursuant to Article 3 of the Prospectus Directive.
This release constitutes neither an offer to sell nor a solicitation of an
offer to buy any shares. As far as this release contains forward-looking
statements with respect to the business, financial condition and results of
operations of alstria, these statements are based on current expectations
or beliefs of alstria's management. These forward-looking statements are
subject to a number of risks and uncertainties that could cause actual
results or performance of the Company to differ materially from those
reflected in such forward-looking statements. Apart from other factors not
mentioned here, differences could occur as a result of changes in the
overall economic situation and the competitive environment - especially in
the core business segments and markets of alstria. Also, the development of
the financial markets and changes in national as well as international
provisions particularly in the field of tax legislation and financial
reporting standards could have an effect. Terrorist attacks and their
consequences could increase the likelihood and the extent of differences.
alstria undertakes no obligation to publicly release any revisions or
updates to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
24.03.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: alstria office REIT-AG
Bäckerbreitergang 75
20355 Hamburg
Germany
Phone: 040-226 341 300
Fax: 040-226 341 310
E-mail: info@alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Indices: SDAX, EPRA, German REIT Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Hamburg, Munich, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: alstria office REIT-AG successfully executed capital increase
| Source: EQS Group AG