Corporate | 7 August 2015 15:00
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PATRIZIA Immobilien AG / Key word(s): Corporate Action/Statement
Announcement concerning capital increase from company funds and the issue of bonus shares Augsburg, 7 August 2015: The Annual General Meeting of PATRIZIA Immobilien AG held on June 25, 2015, decided to increase the Company’s share capital from its own funds by EUR 6,938,503.00 from EUR 69,385,030.00 to EUR 76,323,533.00 in accordance with the provisions of Article 207 ff. of the German Stock Corporation Act [AktG]. The capital increase will be effected by converting a partial amount of EUR 6,938,503.00 of the capital reserve reported in the company’s annual balance sheet as of December 31, 2014, into share capital. The capital increase will be performed by issuing 6,938,503 new registered no-par value shares (bonus shares) with a notional portion of the share capital of EUR 1.00 per share, which will be distributed to the shareholders of PATRIZIA Immobilien AG in a ratio of 10:1. The new shares carry full dividend rights as of January 1, 2015. The corresponding change to the Articles of Association was entered in the Commercial Register of the company at the Augsburg District Court and thus became effective on 3 August 2015. The Company’s share capital now amounts to EUR 76,323,533.00 and is divided into 76,323,533 registered no-par value shares. The transaction is being supervised by VEM Aktienbank AG, Munich. The reference date for the allocation of bonus shares is 18 August 2015. Our company’s shareholders are entitled to bonus shares in a ratio of 10:1 based on their previous shareholding according to ISIN DE000PAT1AG3 after the close of markets on the evening of 18 August 2015, such that one (1) new share is allocated to each ten (10) old shares. Since all shares of PATRIZIA Immobilien AG are held in collective bank depositaries, shareholders do not need to undertake anything with regard to the allocation. The bonus shares will be allocated to eligible shareholders by security deposit credit based on their holdings of old shares after the close of markets on 18 August 2015. In cases where eligible shareholders’ holdings are subject to fractional rights (ISIN DE000PAT5AG4/ WKN PAT5AG) owing to the allocation ratio of 10:1, such eligible shareholders will be informed by their depositary bank of any measures that may be required (issuing of buy or sell orders for fractional shares). The bonus shares will be given the same ISIN as the old shares (ISIN DE000PAT1AG3). They are securitised by a global certificate deposited with Clearstream Banking AG, Frankfurt am Main. The entitlement of shareholders to certification of their shares and any share of profit is excluded by the Articles of Association. The first day of trading for the bonus shares in the official market (Prime Standard) of the Frankfurt Stock Exchange is 19 August 2015. The listing of shares of PATRIZIA Immobilien AG will be deemed to be “ex bonus shares” as of the same day. There are no provisions for the refund of fees on the part of the issuer.
PATRIZIA Immobilien AG
PATRIZIA Immobilien AG
Listing: Frankfurt Official Market (Prime Standard)
Contact: Investor Relations
2015-08-07 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. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | PATRIZIA Immobilien AG | |
| Fuggerstraße 26 | ||
| 86150 Augsburg | ||
| Germany | ||
| Phone: | +49 (0)821 – 509 10-000 | |
| Fax: | +49 (0)821 – 509 10-999 | |
| E-mail: | investor.relations@patrizia.ag | |
| Internet: | www.patrizia.ag | |
| ISIN: | DE000PAT1AG3 | |
| WKN: | PAT1AG | |
| Indices: | SDAX | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart | |
| End of News | DGAP News-Service |
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| 384705 2015-08-07 |