Corporate | 22 June 2017 14:52

PATRIZIA Immobilien AG: Shareholders strongly support PATRIZIA’s expansion plans

DGAP-News: PATRIZIA Immobilien AG / Key word(s): AGM/EGM/Dividend

22.06.2017 / 14:52
The issuer is solely responsible for the content of this announcement.

Annual General Meeting of PATRIZIA Immobilien AG

Shareholders strongly support PATRIZIA’s expansion plans

• All agenda items were approved with a large majority
• Issuance of “bonus shares” at a 10:1 ratio planned within the next 30 work days
• New Supervisory Board elected

Augsburg, 22 June 2017. At today’s Annual General Meeting of PATRIZIA Immobilien AG in Augsburg, the shareholders have approved management’s expansion plans with a large majority. In addition, the issuance of a stock dividend was approved and a new Supervisory Board elected.

As proposed by management, PATRIZIA’s shareholders approved once more to issue a stock dividend at a 10:1 ratio, which means that every shareholder will receive one additional, new share for every 10 existing shares. Shares will be assigned to all shareholders holding the stock in their portfolio on the record date. The record date will be determined after the capital increase has been entered into the commercial register. Upon this entry, the technical processing is expected to take another ten to twelve working days until record date. The stock dividend will be delivered by the shareholder’s respective custodian bank within two working days after the record date. Since all the shares of PATRIZIA Immobilien AG are held in collective custody accounts, shareholders do not need to take any actions to receive the stock dividend. In recent years, shareholders received the new shares approximately 30 working days after the annual general meeting. PATRIZIA will inform about the process accordingly and report the record date as it is set.

Further on, a new Supervisory Board was elected for the period until the Annual General Meeting 2019. Dr. Theodor Seitz and Alfred Hoschek were re-elected, while Uwe Reuter, CEO of VHV Holding AG, was elected for the first time and completes the Supervisory Board. Gerhard Steck, who was not running for a further term, will accompany PATRIZIA as Deputy Supervisory Board Member in the future.

The voting results have been published on the website of PATRIZIA Immobilien AG:
www.patrizia.ag/en/investor-relations/annual-general-meeting/2017 .


PATRIZIA Immobilien AG:
PATRIZIA Immobilien AG has been active as an investment manager in the real estate market across 15 European countries for more than 30 years. PATRIZIA’s activities include the acquisition, management, repositioning and sale of residential and commercial real estate through its own licensed investment platforms. As one of the leading real estate investment companies in Europe, PATRIZIA operates as a respected business partner of large institutional investors and retail investors in all major European countries. Currently, the Company manages real estate assets worth more than EUR 19 billion, primarily as a portfolio manager and co-investor for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks. For further information, please visit: www.patrizia.ag/en .


Contact:
Michael Tegeder
Head of Investor Relations
P +49 821 50910-401
investor.relations@patrizia.ag

22.06.2017 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.

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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, Tradegate Exchange

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