TAG Immobilien AG: TAG Immobilien AG determines volume of capital increase at 30 million new shares generating gross proceeds of EUR 270 million

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

10.12.2012 10:51

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.

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TAG Immobilien AG

TAG Immobilien AG determines volume of capital increase at 30 million new
shares generating gross proceeds of EUR 270 million

(Hamburg, 10 December 2012)

The management board of TAG Immobilien AG ('TAG') announced on 19 November
2012 that the Federal Republic of Germany accepted the bid of TAG to
acquire TLG WOHNEN GmbH ('TLG Wohnen'). In order to finance the acquisition
of TLG Wohnen, the management board, with the approval of the supervisory
board, resolved on 19 November 2012 on a capital increase against cash
contributions of up to 30 million new shares from existing authorised
capital. On 3 December 2012, the management board, with the consent of the
supervisory board, determined to set the subscription price for the rights
offering and the offer price for the private pre-placement at EUR 9.00 per
new share.

Today, the management board, with the approval of the supervisory board,
has determined the final volume of the capital increase and resolved to
increase the share capital of the company by EUR 30 million through
issuance of 30 million new no-par value bearer shares. 64% of the new
shares have been placed with existing shareholders through the exercise of
subscription rights. TAG will received gross proceeds of EUR 270 million.

The capital increase is expected to be registered with the commercial
register on 11 December 2012. The admission of the new shares to trading on
the Regulated Market (Regulierter Markt) of the Frankfurt Stock Exchange
with simultaneous admission to the sub-segment of the Regulated Market with
additional post-admission obligations (Prime Standard) is expected on the
same day. The inclusion of the new shares in the existing price quotation
of TAG's shares and book-entry delivery are expected on 12 December 2012.

Disclaimer

This announcement constitutes neither an offer to sell nor a solicitation
to buy securities of TAG Immobilien AG and does not substitute the
securities prospectus. Investments in the securities of TAG Immobilien AG
should only be based on the securities prospectus which can be downloaded
from TAG Immobilien AG's website (http://www.tag-ag.com). Investors may
also request to receive a hardcopy version of the securities prospectus
from the Company.

Not for distribution or release, directly or indirectly, in or into the
United States, Australia, Canada or Japan or any other jurisdiction in
which the distribution or release would be unlawful.

This ad-hoc release does not contain or constitute an offer for the sale of
securities in the United States of America, Australia, Canada, Japan or
other jurisdictions in which offers are subject to legal restrictions. The
securities referred to in this ad-hoc release have not been, and will not
be, registered under the U.S. Securities Act of 1933, as amended (the
'Securities Act') and may not be sold or offered for sale in the United
States of America absent registration or an exemption from registration.
Subject to certain exemptions the securities referred to in this
announcement may not be sold or offered for sale in the United States of
America, Australia, Canada or Japan or to or for the account of Australian,
Canadian or Japanese persons. No registration will take place of the offer
or sale of the securities referred to in this announcement in accordance
with the respective legal requirements in Canada, Australia and Japan. No
offer of securities is made in the United States of America.

Contact:

TAG Immobilien AG
Investor und Public Relations 
Dominique Mann/ Britta Wöhner
Tel. +49 (0) 40 380 32 -305 / -386
Fax +49 (0) 40 380 32 390
ir@tag-ag.com


10.12.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      TAG Immobilien AG
              Steckelhörn 5
              20457 Hamburg
              Germany
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:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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