TAG Immobilien AG: TAG Immobilien AG announces successful placement of today's capital increase - Placement was oversubscribed

TAG Immobilien AG  / Key word(s): Capital Increase

17.11.2011 11:34

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(Hamburg, 17 November 2011) Due to strong demand from qualified investors,
TAG Immobilien AG ('TAG' in the following) was able to fully place its
seasoned equity offering of up to EUR 5 million, resolved today. 5,000,000
new shares were issued at a price of EUR 6.10 per share. The shareholders'
statutory subscription rights had been excluded.

Once the capital increase is entered in the commercial registry, which is
expected to happen at the beginning of next week at the latest, TAG's share
capital will increase by EUR 5,000,000.00, from EUR 69,905,007.00 to EUR
74,905,007,00. The new shares will be admitted for trading on the regulated
market of the Frankfurt Stock Exchange (Prime Standard) as soon as the
capital increase has been entered in the commercial registry, and will
carry dividend rights for the 2011 financial year.

The capital increase against cash contributions was jointly managed by
Close Brothers Seydler Bank AG, Frankfurt am Main, and Kempen & Co. N.V.,

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Language:     English
Company:      TAG Immobilien AG
              Steckelhörn 5
              20457 Hamburg
Phone:        040 380 32 0
Fax:          040 380 32 390
E-mail:       ir@tag-ag.com
Internet:     www.tag-ag.com
ISIN:         DE0008303504
WKN:          830350
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
End of Announcement                             DGAP News-Service