TAG Immobilien AG today fixed the subscription and offer price for the issuance of up to 20.6 million new shares at EUR 6.15

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

12.03.2012 12:58

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.


(Hamburg, 12 March 2012) On 29 February 2012, the management board of TAG
Immobilien AG ('TAG' in the following) announced that TAG had tendered an
offer to acquire DKB Immobilien AG ('DKBI' in the following) in the course
of a bidding procedure. To finance the DKBI takeover, on 28 February 2012
the management board resolved, with the approval of the supervisory board
and drawing on existing authorised capital, a capital increase against cash
through the issuance of up to approximately 20.6 million new shares. The
new shares will be offered to shareholders during a subscription period
from March 2 to 16, 2012. In addition, the new shares will be offered
publicly in Germany to private and institutional investors, and as a
private placement to institutional investors in selected other European
countries, subject to clawback of subscription rights by the entitled

The management board has, with the approval of the supervisory board, fixed
the subscription price and the offer price for the new shares offered
publicly and in the private placement at EUR 6.15 per share. The final
volume of the capital increase will be fixed on 19 March 2011 and published
in an ad-hoc release and on the company's homepage. The capital increase is
scheduled for entry in the commercial register on 20 March 2012. The new
shares are to be admitted to trading on the regulated market of the
Frankfurt stock exchange, with simultaneous admission to the Prime Standard
section, that same day. The inclusion of the new shares in the existing
quotation is scheduled for 21 March 2012 and delivery is scheduled for 23
March 2012.

Kempen & Co. N.V., Amsterdam, and Close Brothers Seydler Bank AG, Frankfurt
am Main, will serve as joint lead managers of the capital increase.

This document is neither an offer to sell nor an invitation to tender
offers to buy or subscribe to securities. It is not intended for
shareholders and investors in the United States, Canada, Australia or
Shares in the company will be offered solely based on the prospectus
approved by Germany's Federal Financial Supervisory Authority (BaFin),
which was published on 29 February 2012 on the company's homepage at

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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