TAG Immobilien AG: Tender offer to shareholders to purchase up to 13,129,831 shares - Rolf Elgeti, CEO of TAG, plans to move from the Company's Management Board to the Supervisory Board

TAG Immobilien AG  / Key word(s): Share Buyback11.09.2014 17:26Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------TAG IMMOBILIEN AG: AD-HOC DISCLOSURE PURSUANT TO § 15 WPHG TAG Immobilien AG:   - Tender offer to shareholders to purchase up to 13,129,831 shares  - Rolf Elgeti, CEO of TAG, plans to move from the Company's Management    Board to the Supervisory BoardHamburg, September 11, 2014 - TAG Immobilien AG (the "Company") has todayresolved on a tender offer to purchase for cash for up to 13,129,831 of itsshares.The buy-back offer will be made in the form of a modified Dutch auctiontender offer with an offer price range between EUR 8.35 and EUR 9.35 pershare. The closing price of the Company's shares on September 10, 2014 onthe regulated market (Prime Standard) of the Frankfurt Stock Exchange wasEUR 8.77.The shareholders of the Company may accept the offer by tendering all orpart of their shares at a price within the offer price range. The finaloffer price, which will be the same for all shares, will be calculated onthe basis of the total number of tendered shares and the tender prices ofthe shareholders. It will correspond to the lowest price that allows theCompany to purchase 13,129,831 shares.The acceptance period for the tender offer is currently scheduled to starton September 15, 2014 and to end at midnight (CEST) on October 14, 2014.The tender offer is subject to certain terms and conditions that aredescribed in the Offer Document expected to be published on September 15,2014 (on the first day of the acceptance period). The tender offer will beavailable on the Company's web site at www.tag-ag.com under the section"Investor Relations" in the sub-section "Share Buy-Back Offer" and on thesame date in the Federal Gazette (Bundesanzeiger). Shareholders are urgedto read the tender offer document as it contains important information thatshareholders should consider before making any decision to tender theirshares.Following a period of high growth and successful integration ofacquisitions Rolf Elgeti, CEO of TAG, regards his mission as completed andhas therefore today requested to be released early from his duty as CEOwith effect from 31 October 2014. The Supervisory board has accepted hisrequest. Mr. Elgeti is willing to move to the Company's Supervisory Boardat the next possible opportunity. To be able to continue to rely on Mr.Elgeti's strategic expertise for the benefit of TAG, the Supervisory Boardsupports his move to the Supervisory Board and subsequent appointment aschairman of the supervisory body, provided a sufficient backing ofshareholders is given. Note: This announcement is for informational purposes only and does notconstitute an offer to purchase, or a solicitation of an offer to sell orexchange, any securities of the Company, nor will there be any offer topurchase, solicitation of an offer to sell, or any purchase of securitiesof the Company in any jurisdiction in which such offer, solicitation orpurchase would be unlawful. The solicitation of offers is made solely bythe Offer Document referred to above.End of ad-hoc release. Contact:TAG Immobilien AGHead of Investor and Public Relations Dominique MannTel. +49 (0) 40 380 32 - 300 Fax +49 (0) 40 380 32 390ir@tag-ag.com11.09.2014 The DGAP 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              GermanyPhone:        040 380 32 0Fax:          040 380 32 390E-mail:       ir@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504, XS0954227210, DE000A12T101WKN:          830350, A1TNFU, A12T10Indices:      MDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,              Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------