9 July 2015 / 14:13

Corporate News

HAMBORNER REIT AG successfully completed its capital increase and raises gross proceeds of approximately EUR 101.6 million by placing 11,959,948 shares

HAMBORNER REIT AG / Key word(s): Capital Increase/Corporate Action

2015-07-09 / 14:13

Corporate News for 9 July 2015

HAMBORNER REIT AG, Goethestrasse 45, 47166 Duisburg, 9 July 2015

HAMBORNER REIT AG successfully completed its capital increase and raises gross proceeds of approximately EUR 101.6 million by placing 11,959,948 shares.

Shareholders of HAMBORNER REIT AG have subscribed for 11,959,948, or 71.7%, of the shares offered in the subscription rights offering. With a view to the current market environment, the management board has decided yesterday not to conduct any private placement of the remaining shares (Rump Placement).

The share capital of the company will be increased from EUR 50,042,665 by EUR 11,959,948 to EUR 62,002,613. The company will issue 11,959,948 new, no-par value bearer shares with a notional value of EUR 1.00 per share in the share capital and with full dividend rights as of 1 January 2015 against cash contributions.

Taking into account the fees and commissions of the accompanying banks as well as all other costs related to the capital increase, the company will realise net proceeds of approximately EUR 98.5 million.

The inclusion of the new shares into trading on the regulated markets (regulierter Markt) of the stock exchanges of Frankfurt (Prime Standard) and Düsseldorf is expected on 13 July 2015.

HAMBORNER REIT AG intends to principally use the net proceeds to finance acquisitions of additional properties in accordance with its corporate strategy.

Management Board Members, Dr. Rüdiger Mrotzek and Hans Richard Schmitz: "We are pleased that this capital increase provides us with flexibility for further investments in a volume of approx. EUR 200 million. Many of our existing investors have exercised their subscription rights in spite of the currently volatile market environment, underlining their confidence in the company. The next step for further growth of HAMBORNER REIT AG has been accomplished and we are confident that we can invest the proceeds in a reasonable time in attractive properties which complement our portfolio."

HAMBORNER REIT AG - The Management Board

This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer was made solely on the basis of the Securities Prospectus published on 24 June 2015 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.

2015-07-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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