OFFICEFIRST Immobilien AG: planned IPO postponed
OFFICEFIRST Immobilien AG Bonn
Ad hoc Release pursuant to Art. 17 para. 1 MAR
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OFFICEFIRST Immobilien AG: planned IPO postponed
Bonn, October 10, 2016 - OFFICEFIRST Immobilien AG and its sole shareholder, IVG Immobilien AG, have decided to postpone the planned initial public offering ("IPO") of OFFICEFIRST Immobilien AG due to negative market developments, in particular in the real estate sector since the commencement of the marketing period at the beginning of last week. This decision was taken despite generally very positive feedback received throughout investor meetings with regard to OFFICEFIRST groups business model and real estate portfolio.
The listing of the shares on the Prime Standard of the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) was originally planned for October 14, 2016. OFFICEFIRST Immobilien AG and IVG Immobilien AG will continue to evaluate the market environment regarding a potential IPO in the future.
Bonn, October 10, 2016 OFFICEFIRST Immobilien AG
Disclosing person: Mr. Libor Vincent Head of Communications & Investor Relations T: +49 69 60 60 50 13 62 F: +49 69 60 60 50 23 62 M: +49 162 44 94 90 6 E: firstname.lastname@example.org
These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Securities") of OFFICEFIRST Immobilien AG (the "Company") in the United States, Germany or any other jurisdiction. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Securities of the Company have not been, and will not be, registered under the Securities Act. Any sale in the United States of the Securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act.
This publication constitutes neither an offer to sell nor a solicitation to buy the Securities of the Company. The offer will be made solely by means of, and on the basis of, the published securities prospectus (including potential supplements). An investment decision regarding the publicly offered securities of OFFICEFIRST Immobilien AG should only be made on the basis of the securities prospectus (including potential supplements). The securities prospectus (including potential supplements) is available free of charge from OFFICEFIRST Immobilien AG, Mozartstr. 4-10, 53115 Bonn, Germany, or on the OFFICEFIRST Immobilien AG website.
In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
The Underwriters are acting exclusively for the Company and the Selling Shareholder and no-one else in connection with the Offering. They will not regard any other person as their respective clients in relation to the Offering and will not be responsible to anyone other than the Company and the Selling Shareholder for providing the protections afforded to their respective clients, nor for providing advice in relation to the Offering, the contents of this announcement or any other matter referred to herein. In connection with the Offering, the Underwriters and any of their affiliates, acting as investors for their own accounts, may subscribe for or purchase securities of the Company and may otherwise deal for their own accounts. Accordingly, references in the Prospectus to the securities being issued should be read as including any issue or offer to the Underwriters and any of their affiliates acting as investors for their own accounts. In addition certain of the Underwriters or their respective affiliates may enter into financing arrangements and swaps with investors in connection with which such Underwriters (or their affiliates) may from time to time acquire, hold or dispose of the Company's shares. The Underwriters do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.
None of the Underwriters or any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or, with limited exception, other information relating to the Company the Selling Shareholder, or their respective subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.
10.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language: English Company: OFFICEFIRST Immobilien AG Mozartstraße 4-10 53115 Bonn Germany Phone: Fax: E-mail: email@example.com Internet: www.officefirst.com WKN: Listed: Regulated Market in Frankfurt (Prime Standard) End of Announcement DGAP News-Service