Noratis AG, DE000A2E4MK4

Noratis AG, DE000A2E4MK4

27.06.2017 - 22:32:44

Portfolio developer Noratis AG sets placement price at EUR 18.75 per share

NOT FOR DISTRIBUTION, TRANSLATION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN FULL OR IN PART IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR OTHER COUNTRIES WHERE THE DISTRIBUTION OF THIS COMMUNICATION IS UNLAWFUL.Publication of inside information in accordance with Article 17 MARPortfolio developer Noratis AG sets placement price at EUR 18.75 per shareEschborn, June 27, 2017 - Today, the Management Board of Noratis AG, a portfolio developer of residential real estate (ISIN: DE000A2E4MK4, WKN: A2E4MK), with the consent of the Supervisory Board, decided to carry out a capital increase in the amount of EUR 920,000.00 as implementation of the capital increase by up to EUR 2,000,000.00 resolved as part of an IPO by issuing 920,000 new bearer shares with no par value against cash contributions. The placement price was set at EUR 18.75 per share in consultation with ICF BANK AG as the Sole Global Coordinator and Sole Bookrunner. Furthermore, 80,000 existing shares held by existing shareholders Norlig GmbH and SIA Hansahold have been placed as part of the over-allotment option granted to ICF BANK AG. The shares of the over-allotment option may be repurchased for stabilization purposes during the stabilization period. Gross issue proceeds including the placed over-allotment option amount to around EUR 18.75 million. The company plans to use the gross proceeds attributable to the company in the amount of approximately EUR 17.25 million primarily to further finance its growth by utilizing real estate purchase opportunities with greater flexibility. As a result of the capital increase against cash contributions, the share capital of Noratis AG will increase from EUR 2,000,000.00 by EUR 920,000.00 to EUR 2,920,000.00. The capital increase is expected to be registered on June 29, 2017. Free float is about 31.5% (excl. greenshoe option). The listing of the shares of Noratis AG in the Scale Segment of the Frankfurt Stock Exchange Open Market takes place on June 30, 2017. The delivery of the allotted shares is also scheduled for June 30, 2017. End of the ad hoc announcement Noratis AG (www.noratis.de) is a dynamically growing portfolio developer of residential real estate located in Eschborn near Frankfurt. The company purchases properties with development potential across Germany, mostly housing estates, employee housing and quarters from the 1950s to 1970s in cities with more than 10,000 inhabitants or on the outskirts of urban areas. After acquisition, Noratis performs an intensive value enhancement of the properties and subsequently sells them in block sales or individually as condominiums. Thereby Noratis offers housing with an attractive price/performance ratio for tenants with medium and small incomes. Since only 2014, Noratis has successfully completed 14 projects with more than 1,300 residential units. The company generated revenues of EUR 44.6 million in fiscal year 2016 and has grown at an annual average of 63% since 2014.Contact Investor Relations:

cometis AG Philipp Oksche Unter den Eichen 7 65195 Wiesbaden Germany Tel. +49 (0) 611 20 585 5 35 E-mail: oksche@cometis.de    

Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer will be made solely on the basis of the securities prospectus published as approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). The information legally required to be provided to investors is contained only in the securities prospectus. The securities prospectus dated 19 June 2017 is available free of charge on the internet at the website of the issuer www.noratis.de and during normal business hours at the issuer. The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of 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 of 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 constitutes neither an offer to sell nor a solicitation to buy or subscribe to 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 of registration, unless there is an exemption from registration under the Securities Act. 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 only addressed to and directed at persons in member states of the European Economic Area (other than Germany) who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC as amended) ("Qualified Investors"). In addition, in the United Kingdom, this publication is being distributed only to, and is directed only at, Qualified Investors who (i) are persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (ii) are high net worth entities falling within Articles 49(a) to (d) of the Order, or (iii) other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this publication relates is only available to and will only be engaged in with (i) in the United Kingdom, relevant persons, and (ii) in any member state of the European Economic Area other than the United Kingdom, Qualified Investors. Any other persons who receive this publication in the European Economic Area (other than Germany) should not rely on or act upon it. This publication is not an offer of securities for sale in Canada, Japan or Australia.

27-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Noratis AG Hauptstraße 129 65760 Eschborn

Germany Phone: +49 (0) 69 / 170 77 68 20 E-mail: info@noratis.de Internet: www.noratis.de ISIN: DE000A2E4MK4 WKN: A2E4MK Listed: Open Market (Scale) in Frankfurt Notierung vorgesehen / Intended to be listed   End of Announcement DGAP News Service

586915  27-Jun-2017 CET/CEST

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