TAG Immobilien AG: TAG reports successful placement of capital increase - issue oversubscribed multiple times

TAG Immobilien AG  / Key word(s): Corporate Action04.05.2011 11:51Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------(Hamburg, 4 May 2011) TAG Immobilien AG ('TAG' in the following) todayannounced that its capital increase has been fully placed due to strongdemand. The order book in the private placement was closed early due to themultiple oversubscription. In accordance with the capital increase resolvedon 7 April at the extraordinary general meeting, TAG now issue a total of5,856,635 bearer shares at a subscription price of EUR 7.00 per share.Approximately 30% of TAG shareholders exercised their subscription rights.The approx. EUR 41 million in proceeds from the capital increase will beused for the acquisitions announced by the company, the contract for one ofwhich was already signed last week. The shares not subscribed byshareholders were placed with institutional private investors after thesubscription period ended, by means of a private placement. Close BrothersSeydler Bank AG managed the capital increase.Once the capital increase has been entered in the commercial registry,TAG's share capital will increase by EUR 5,856,635.00, from EUR58,566,364.00 to EUR 64,422,999.00. The new shares are scheduled to beadmitted to trading as of 10 May 2011.04.05.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      TAG Immobilien AG              Steckelhörn 5              20457 Hamburg              DeutschlandPhone:        040 380 32 300Fax:          040 380 32 390E-mail:       ir@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,              Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------