Subscription period for new shares and convertible bonds the TAG Immobilien AG begins on Monday 22 Nov 2010 - terms and conditions to be fixed at a later date

TAG Immobilien AG  / Key word(s): Corporate Action

19.11.2010 11:42

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


On 15 November 2010, TAG Immobilien AG ('TAG' in the following) announced a
voluntary offer to take over all shares in Colonia Real Estate AG. In this
connection, to finance the takeover, TAG is implementing a capital increase
from authorised capital in the amount of up to EUR 11,607,249, and issuing
a convertible bond from existing contingent capital in the amount of up to
approx. EUR 70,000,000.

The subscription period for both capital measures begins on Monday, 22
November 2010 and ends on 6 December 2010. The number of subscription
rights shareholders are entitled to is calculated based on their respective
shareholding on 19 November 2010 after close of trade.

The subscription ratio is 4:1 for the new shares and 5:1 for the
convertible bonds. The final terms and conditions, including the
subscription price for the shares and, with regard to the convertible
bonds, the subscription price, par value per bond, conversion price,
interest rate, issue yield and redemption price, will be published by three
calendar days prior to the end of the subscription period at the latest.

The new shares and convertible bonds are scheduled to be issued on 10
December 2010. The new shares are to be admitted to trading on 9 December

Please refer to the offer for subscription - published today (19 November
2010) in the electronic Bundesanzeiger (Federal Gazette) for details.


19.11.2010 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      TAG Immobilien AG
              Steckelhörn 5
              20457 Hamburg
Phone:        040 380 32 300
Fax:          040 380 32 390
ISIN:         DE0008303504
WKN:          830350
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Hamburg, Düsseldorf, Berlin, Hannover,
End of Announcement                             DGAP News-Service