TLG IMMOBILIEN AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
UBS Group AG, Zurich, Switzerland informed us on October 10, 2017 pursuant to Art. 27a(1) WpHG thereby making reference to the exceedance of the threshold of 10% by UBS Group AG, UBS AG and UBS Europe SE ('UBS Companies') on October 6, 2017, as follows:
The investment does not serve to implement strategic objectives, nor to generate a trading profit by any of the UBS Companies.
None of the UBS Companies currently plans to acquire further voting rights within the next twelve months by means of a purchase or by any other means. This excludes the acquisition within the scope of activities of a globally acting financial service provider.
None of the UBS Companies currently intends to exert an influence on the appointment or removal of members of the TLG IMMOBILIEN AG's administrative, managing and supervisory bodies.
There is no current intension to bring about a material change in TLG IMMOBILIEN AG's capital structure, in particular as regards the ratio between equity financing and debt financing, and the dividend policy.
As regards to the source of the funds used for the acquisition, UBS Group AG notified us that the acquisition of voting rights by UBS Europe SE occurred in the context of UBS Europe SE's acting as exchange agent in TLG IMMOBILIEN AG's exchange offer for the shares in WCM Beteiligungs- und Grundbesitz-AG of June 27, 2017. The acquisition of voting rights by UBS Group AG, UBS AG and UBS Europe SE was only a result of the attribution of voting rights pursuant to Section 22 WpHG. No own funds or debt were used to finance the acquisition of the voting rights.
13.10.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: TLG IMMOBILIEN AG Hausvogteiplatz 12 10117 Berlin
Germany Internet: www.tlg.de End of News DGAP News Service