TLG IMMOBILIEN AG, DE000A12B8Z4

TLG IMMOBILIEN AG, DE000A12B8Z4

31.01.2017 - 07:20:01

TLG IMMOBILIEN AG successfully placed all offered approx. 6.7 million new shares generating gross proceeds of about EUR 116.0 m

NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL

Press releaseTLG IMMOBILIEN AG successfully placed all offered approx. 6.7 million new shares generating gross proceeds of about EUR 116.0 m

- Approx. 6.7m new shares placed

- Placement price set at EUR 17.20 per share

- Gross issue proceeds of about EUR 116.0 m

- Issue proceeds to be invested in recent and additional real estate acquisitions

Berlin, 31 January, 2017 - In the context of a cash capital increase, TLG IMMOBILIEN AG has placed all offered approx. 6.7m new shares with institutional investors at an issue price of EUR 17.20 per share in an accelerated bookbuilding offering. The gross issue proceeds will thus amount to approx. EUR 116.0 m.

TLG IMMOBILIEN AG intends to use the net proceeds from the private placement to fund recent and additional acquisitions of German office and retail properties in line with its defined acquisition criteria as well as general corporate purposes.

As a result of the capital increase, the Company's share capital increases by approx. 10%. It is expected that the new shares will be admitted to trading with a prospectus on 2 February 2017 and will be included in the existing quotation on the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierböse) on 7 February 2017. The new shares will carry full dividend rights from 1 January 2016. Settlement/closing of the transaction is expected to take place on 7 February 2017.

"The strong demand for our shares and successful placement of the entire 10%, demonstrate the level of trust which capital markets place in us and is acknowledgement of the sustainability of TLG IMMOBILIEN AG's business model of accretive growth", said Peter Finkbeiner, member of TLG IMMOBILIEN AG's Management Board. "Following several acquisitions in Eastern Germany and the entry into the Western German market, this new capital will enable us to move forward with our successful growth strategy and will support the creation of a pan-German platform."

J.P. Morgan is acting as Sole Global Coordinator and J.P. Morgan and UBS Limited are acting as Joint Bookrunners for the private placement. VICTORIAPARTNERS is acting as independent financial advisor to TLG IMMOBILIEN AG.

Contact

Christoph Wilhelm Corporate Communications Phone: +49 30 2470 6355 E-Mail: christoph.wilhelm@tlg.de Sven Annutsch Investor Relations Phone: +49 30 2470 6089 E-Mail: sven.annutsch@tlg.de  

About TLG IMMOBILIEN AG TLG IMMOBILIEN AG is a listed leading commercial real estate company in Germany that has been synonymous with real estate expertise for over 25 years. TLG IMMOBILIEN AG generates stable rental income and exhibits low vacancy rates, very good building stock and profits from its local employees' excellent market knowledge. As an active portfolio manager, TLG IMMOBILIEN AG is specialised in commercial properties for office and retail use: it focuses on managing a high-quality portfolio mostly comprising office properties in Berlin, Frankfurt/Main, Dresden, Leipzig and Rostock. The company also has a regionally diversified portfolio of retail properties in highly frequented micro-locations. The portfolio also includes seven hotels in Berlin, Dresden, Leipzig and Rostock. TLG IMMOBILIEN AG's properties stand out not only due to their excellent locations but also because of their long-term rental or lease agreements.

According to preliminary figures that have not yet been audited, as at 31 December 2016, the portfolio value amounted to EUR 2.24 bn and EPRA Net Asset Value per share amounted to EUR 18.49.Important NoticeThis publication may not be published, distributed or transmitted, directly or indirectly, in the United States of America (including its territories and possessions), Canada, Japan or Australia or any other jurisdiction where such announcement could be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons who are in possession of this document or other information referred to herein should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This publication does not constitute an offer of, or a solicitation of an offer to purchase, securities of TLG IMMOBILIEN AG or of any of its subsidiaries in the United States of America, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, an offer in any jurisdiction. The securities referred to herein may not be offered or sold in the United States of America in the absence of registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities of TLG IMMOBILIEN AG have not been, and will not be, registered under the Securities Act.

In the United Kingdom, this announcement 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 must not be acted on, or relied upon, 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.

In member states of the European Economic Area ("EEA") this announcement and any offer, if made subsequently, is directed exclusively at persons who are "qualified investors" within the meaning of the Prospectus Directive. For these purposes, the expression "Prospectus Directive" means Directive 2003/71/EC, and amendments thereto, in particular Directive 2010/73/EU

No action has been taken that would permit an offering or an acquisition of the securities or a distribution of this announcement in any jurisdiction where such action would be unlawful. Persons into whose possession this announcement comes are required to inform themselves about and observe any such restrictions.

This announcement does not constitute a recommendation concerning the private placement of securities described in this announcement (the "Placement"). Investors should consult a professional advisor as to the suitability of the Placement for the person concerned.

J.P. Morgan Securities plc ("J.P. Morgan") and UBS Limited ("UBS") are acting exclusively for TLG IMMOBILIEN AG in connection with the Placement. J.P. Morgan and UBS will not regard any other person as their respective client in connection with the Placement and will neither be responsible, nor provide protection, to anyone other than TLG IMMOBILIEN AG, nor will J.P. Morgan or UBS provide advice to anyone other than TLG IMMOBILIEN AG in relation to the Placement, the contents of this announcement or any other matter referred to herein.

In connection with the Placement, J.P. Morgan and UBS as well as any of their affiliates, acting as investors for their own accounts, may subscribe for or purchase securities of TLG IMMOBILIEN AG and may otherwise deal for their own accounts. Accordingly, references to the securities being issued or sold should be read as including any issue, offer or sale to J.P. Morgan and UBS as well as any of their affiliates acting as investors for their own accounts. In addition, J.P. Morgan and UBS or their respective affiliates may enter into financing arrangements and swaps with investors in connection with which J.P. Morgan and UBS or their affiliates may from time to time acquire, hold or dispose of shares of TLG IMMOBILIEN AG. J.P. Morgan and UBS do not intend to disclose the extent of any such investment or transactions, unless there is a legal or regulatory obligation to do so.

None of J.P. Morgan or UBS or any of their respective directors, officers, employees, advisers or agents accept 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 this announcement) or, with limited exception, any other information relating to TLG IMMOBILIEN AG, its subsidiaries and affiliated companies, whether written, oral or in visual or electronic form, or any damage howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

This publication contains forward-looking statements based on current views and assumptions of TLG IMMOBILIEN AG's management and made to the best of knowledge. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause TLG IMMOBILIEN AG's revenues, profitability or the degree to which it performs or achieves its targets, to materially deviate from what is explicitly or implicitly stated or described in this publication. Therefore, persons who obtain possession of this publication should not rely on such forward-looking statements. TLG IMMOBILIEN AG accepts no guarantee or responsibility regarding such forward-looking statements and will not adjust them to future results or developments.

31.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: TLG IMMOBILIEN AG Hausvogteiplatz 12 10117 Berlin

Germany Phone: 030 - 2470 - 50 Fax: 030 - 2470 - 7337 E-mail: kontakt@tlg.de Internet: www.tlg.de ISIN: DE000A12B8Z4 WKN: A12B8Z Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange   End of News DGAP News Service

540149  31.01.2017 

@ dgap.de

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