Deutsche Konsum REIT-AG resolves on cash capital increase with rights offering to finance the acquisition of further retail properties

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION

Deutsche Konsum REIT-AG resolves on cash capital increase with rights offering to finance the acquisition of further retail properties

 

Deutsche Konsum REIT-AG / Key word(s): Capital Increase

06-Feb-2017 / 08:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL.

Ad-hoc-Disclosure
Inside Information pursuant to Article 17 para. 1 of Regulation (EU) No.
596/2014
on Market Abuse

Deutsche Konsum REIT-AG resolves on cash capital increase with rights
offering to finance the acquisition of further retail properties

  - Capital increase from authorized capital by up to 4,653,282 shares,
    corresponding to approx. 23.14% of the existing share capital, at a
    subscription price of EUR 8,50

  - Net issue proceeds to be primarily used to finance the acquisition of
    further retail properties

  - As part of the transaction, the shares of Deutsche Konsum REIT-AG will
    be admitted to trading on the regulated market of the Frankfurt Stock
    Exchange (Prime Standard)

Broderstorf, 06.02.2017 - The management board of Deutsche Konsum REIT-AG
resolved today, with the approval of the supervisory board, a capital
increase against cash contributions from the Company's authorized capital.
The Company's share capital will be increased from EUR 20,107,003.00 by up
to EUR 4,653,282.00 to up to EUR 24,760,285.00, through the issuance of up
to 4,653,282 new ordinary bearer shares in the Company (the "New Shares").
The New Share bear full dividend entitlement from 1 October 2015. The
holders of the existing shares of the Company (ISIN: DE000A14KRD3 and
DE000A2BPMY5), of the notes of the 1.00% Convertible Bond 2015/2020 (ISIN:
DE000A14J1L9) and of the notes of the 5.00% Convertible Bond 2015/2020
(ISIN: DE000A14J1K1) (the "Subscription Rights Holders") are entitled to
subscription rights in the rights offering.

ODDO SEYDLER BANK AG, Frankfurt am Main, accompanies the transaction. It
has assumed the obligation towards the Company to offer the New Shares to
the Subscription Rights Holders at a subscription ratio of 15:2 (indirect
subscription right), i.e. 15 subscription rights entitle their holder to
subscribe for two New Shares. The subscription price is EUR 8,50 per new
share. Subject to the approval of the securities prospectus by German
Federal Financial Supervisory Agency, the subscription period will run from
8 February 2017 to 22 February 2017 (including). The relevant date (Record
Date) for the determination of the number of subscription rights to which
the Subscription Rights Holders are entitled will be 9 February 2017. The
Subscription Rights Holders will be granted a right to over-subscribe.
Stock exchange trading in subscription rights will neither be initiated by
the Company nor ODDO SEYDLER BANK AG.

The net issue proceeds from the transaction will be used for financing the
growth of the Company, in particular for the acquisition of further retail
properties. Some of these acquisitions have already been contractually
agreed, but not consummated. Others are currently still under review by the
Company.

Certain shareholders have disclosed to the Company their interest in
subscribing or acquiring New Shares in a volume of up to EUR 25 million
without entering into a binding obligation.

In connection with the rights offering, apart from the inclusion of the New
Shares to trading on the regulated market of the Berlin Stock Exchange, the
Company will apply for the admission of its total share capital (including
the New Shares) to trading on the regulated market of the Frankfurt Stock
Exchange with simultaneous admission to the sub-segment of the regulated
market with additional post-admission obligations (Prime Standard).

The further details of the rights offering will be set forth in the
subscription offer which, subject to the approval of the securities
prospectus by the German Federal Financial Supervisory Agency, are expected
to be published in the German Federal Gazette and on the website of
Deutsche Konsum REIT-AG (http://www.deutsche-konsum.de) on 6 February 2017.

New Shares which have not been subscribed in the rights offering will be
offered by ODDO SEYDLER BANK AG to qualified investors in the Federal
Republic of Germany and other selected countries (excluding the United
States of America, Canada, Japan and Australia) in an international private
placement under Regulation S to the U.S. Securities Act of 1933, as amended
from time to time, at a price which will at least be equal to the
subscription price.

IMPORTANT NOTICE:

This publication neither constitutes an offer to sell nor an invitation to
submit an offer to purchase or subscribe for securities. Such offer will
exclusively be made on the basis of a security prospectus to be published
and to be deposited with the German Federal Financial Supervisory Agency
(BaFin). Only the security prospectus will contain all information for
investors as required by applicable law. It is expected that the security
prospectus will be approved by BaFin on 6 February 2017 and immediately
thereafter be available on the Company's website (http://www.deutsche-
konsum.de). If so requested, investors will be provided with a free of
charge paper version of the prospectus either by the Company or by ODDO
SEYDLER BANK AG in accordance with § 14 subs. 5 of the German Securities
Prospectus Act.

This publication neither constitutes an offer to sell nor an invitation to
submit an offer to purchase or subscribe for securities within the United
States of America nor to US citizens nor within other jurisdictions in
which such offer or such invitation to submit an offer has not been
officially approved. In particular, shares offered within the subscription
offer, shall neither be sold within or directly or indirectly supplied to
the United States of America nor directly or indirectly be sold to US
citizens or purchased for their account, except where special exceptions
apply due to a dispensation from registration requirements under the U.S.
Securities Act. Shares in Deutsche Konsum REIT-AG offered in the
subscription offer are not and will not be registered in accordance with
the provisions of the U.S. Securities Act of 1933 in its presently
applicable version and will neither be sold nor offered for sale within the
United States of America.

Language: English

Company: Deutsche Konsum REIT-AG
Försterweg 2
14482 Potsdam
Deutschland

Phone: +49 (0)331 740076510

E-Mail:  wr@obocap.com

Internet: www.deutsche-konsum.de

ISIN:  DE000A14KRD3
(existing shares with profit participation rights as from 1 October 2015)

 DE000A2BPMY5
(existing shares with profit participation rights as from 1 October 2016)

WKN:  A14KRD
(existing shares with profit participation rights as from 1 October 2015)

 A2BPMY
(existing shares with profit participation rights as from 1 October 2016)

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06-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English
   Company:     Deutsche Konsum REIT-AG
                Försterweg 2
                14482 Potsdam
                Germany
   Phone:       +49 (0)331 740076510
   E-mail:      wr@obocap.com
   Internet:    www.deutsche-konsum.de
   ISIN:        DE000A14KRD3
   WKN:         A14KRD
   Listed:      Regulated Market in Berlin; Regulated Unofficial Market in
                Tradegate Exchange; Open Market in Frankfurt



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