DIC Asset AG, DE000A1X3XX4

DIC Asset AG, DE000A1X3XX4

06.12.2018 - 12:53:27

DIC Asset AG: DIC Asset AG Group signs agreements with a view to the disposal of a participation of approximately 14% in TLG IMMOBILIEN AG

DIC Asset AG Group has, after the increase of its own position, signed today with Ouram Holding S.à.r.l. ("Ouram") and Bedrock Group ("Bedrock") agreements with a view to the disposal of shares in TLG IMMOBILIEN AG amounting in the aggregate to 14% for a purchase price which is higher than the current stock exchange price. The total purchase price has magnitude of approximately EUR 376,000,000, the resulting substantial profit goes directly into the balance sheet profit of DIC Asset AG Group. The agreement with Ouram relates to a 6% stake, the agreement with Bedrock to a stake of 8% in TLG IMMOBILIEN AG. Closing of the transactions is expected to take place at the end of the first quarter/beginning of the second quarter 2019 at the latest. The proceeds will be used for the growth of the business of DIC Asset AG.

Contact: DIC Asset AG Nina Wittkopf Head of Investor Relations Neue Mainzer Str. 20, Maintor 60311 Frankfurt am Main Phone +49 69 9454858-1462 N.Wittkopf@dic-asset.de

06-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: DIC Asset AG Neue Mainzer Straße 20 * MainTor 60311 Frankfurt am Main

Germany Phone: +49 69 9454858-1462 Fax: +49 69 9454858-9399 E-mail: ir@dic-asset.de Internet: www.dic-asset.de ISIN: DE000A1X3XX4, DE000A1TNJ22, DE000A12T648 WKN: A1X3XX, A1TNJ2, A12T64 Indices: S-DAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange   End of Announcement DGAP News Service

755111  06-Dec-2018 CET/CEST

@ dgap.de