18 July 2012 / 11:52

Corporate News

HAMBORNER REIT AG: Capital increase fully placed at EUR6.50

HAMBORNER REIT AG / Key word(s): Capital Increase/Real Estate

18.07.2012 / 11:52


Press Release

HAMBORNER REIT AG: Capital increase fully placed at EUR6.50

- Net issue proceeds approximately EUR71.5 million

- Equity increased by one third

- Attractive investment options under examination

This information is neither directly nor indirectly intended for publication in the United States of America, Canada, Japan or Australia.

Duisburg, 18 July 2012 - HAMBORNER REIT AG has successfully completed its capital increase, increasing its share capital by one third. A total of 11,373,333 new bearer shares were issued with full dividend rights from
1 January 2012 at a subscription price of EUR6.50 per new share. The new total number of shares issued now amounts to 45,493,333.
During the subscription period, approximately 85% of the subscription rights of the existing shares were exercised by the holders of these rights, with 9,674,674 new shares being subscribed to as a result. The remaining new shares were placed with institutional investors by the banking syndicate by way of a private placement. The company has now an authorised capital of EUR5.69 million left.
The net issue proceeds for HAMBORNER REIT AG amount to approximately EUR71.5 million. The company intends to use these funds to step up its growth. Properties in the large-area retail, office and high-street segments are to remain the main focal points here.

'We are currently looking at four properties for which we could sign contracts in the next few months. As ever, our priorities are attractive locations, a high occupancy rate and long-term contracts with tenants with a good credit rating', said management board member Hans Richard Schmitz. 'We are pleased that our shareholders have shown so much confidence in us once again, enabling us to use the current favourable financing situation for future growth. Overall, this rights issue was very well-timed for HAMBORNER.' 'With these issue proceeds and favourable borrowing opportunities, we can make investments of around EUR150 million, helping us to further increase rental income and FFO whilst continuing to pay attractive dividends', explained Dr Rüdiger Mrotzek.

Joh. Berenberg, Gossler & Co. KG acted as Sole Global Coordinator and together with Kempen & Co N.V. as Joint Bookrunner in this transaction.


This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer is made solely on the basis of the Securities Prospectus published on 29 June 2012 and registered with the German Financial Supervisory Authority (BaFin) and the rights offering. The information legally required to be provided to investors is contained only in the Securities Prospectus.

The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions or any State of the United States of America or the District of Columbia) and must not be distributed to U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended ('Securities Act')) or publications with a general circulation in the United States of America. This publication does not constitute or form part of any offer or solicitation to purchase or subscribe for 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. The Issuer does not intend to register any portion of the offering in the United States of America or to conduct a public offering of the Securities in the United States of America.

This publication is not an offer of securities for sale in the United Kingdom, Canada, Japan or Australia.

Investor Relations:

Sybille Schlinge

Tel.: +49 (0)203 54405-32
Fax: +49 (0)203 54405-49
E-mail: s.schlinge@hamborner.de
Web: www.hamborner.de

End of Corporate News

18.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

178304  18.07.2012

Do you have questions about this or any other area?

You can find an overview of all contacts on our contact page