19.08.2016 11:25:41
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DGAP-News: ISARIA Wohnbau AG
DGAP-News: ISARIA Wohnbau AG: ISARIA Wohnbau AG successfully executes capital increase and announces time-table for delisting
19 August 2016 - ISARIA Wohnbau AG ("ISARIA") has successfully executed a capital increase through the issue of 11,882,000 new shares with a subscription price of EUR 4.50 per new share. LSREF4 ARIA Beteiligungs GmbH & Co. KG ("LSREF4"), an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. and Lone Star Real Estate Fund IV (Bermuda), L.P., took up all new shares for which the subscription rights were not exercised. The capital increase will become effective presumably on 22nd August 2016 upon registration with the commercial register. The proceeds from the capital increase, amounting to approximately EUR 53 million, will be used for the financing and realisation of already acquired development properties, the strengthening of the equity base of already existing development projects as well as the funding of the company's planned growth through acquisition and development of further development properties.
Moreover, ISARIA today has applied for the withdrawal of the admission of the ISARIA shares for trading on the regulated market of the Frankfurt stock exchange ("Delisting") based on the offering document related to the voluntary public takeover offer and the compensation offer by LSREF4 published on 28 July 2016. ISARIA expects the Delisting to become effective on 30 August 2016 by the end of the day.
About ISARIA Wohnbau AG ISARIA Wohnbau AG is a leading project developer for residential real estate construction projects in Munich. Since 2014, the company also develops residential projects in Hamburg. The projects realised by the company range from multi-storey apartments to terraced houses as well as the revitalisation of existing buildings. ISARIA Wohnbau AG is therefore capable of offering residential properties that meet the demands of a wide variety of customer groups as both owner-occupied or for investment. The business activities of One Group, Hamburg, which belongs to the ISARIA Group, largely comprise the issuing of project development funds for residential construction projects. For more information, please visit www.isaria.ag and www.onegroup.ag.
Disclaimer This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities of ISARIA Wohnbau AG in the United States, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer in any jurisdiction. The offer was made exclusively by and on the basis of the securities prospectus that was approved by, published and registered with the German Financial Supervisory Authority (BaFin). This pro-spectus is published on ISARIA Wohnbau AG's website and free-of-charge copies are, inter alia, available at the premises of ISARIA Wohnbau AG (Leopoldstraße 8, 80802 München, Fax: +49 (0)89 38 99 84-760). The offer already terminated. The securities of ISARIA Wohnbau AG may not be offered or sold in the United States absent registration or an ex-emption from registration under the U.S. Securities Act of 1933, as amended ("Securities Act"). The securities of ISARIA Wohnbau AG have not been, and will not be, registered un-der the Securities Act.
Contact details ISARIA Wohnbau AG Leopoldstraße 8 | 80802 München Telephone: +49 (0)89 38 99 84-0 | Telefax: +49 (0)89 38 99 84-760 E-Mail: v.gerber@isaria.ag | Web: www.isaria.ag
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19.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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: ISARIA Wohnbau AG Leopoldstraße 8 80802 München Germany Phone: +49 (0)89 38 99 84-0 Fax: +49 (0)89 38 99 84-760 E-mail: info@isaria.ag Internet: www.isaria.ag ISIN: DE000A1E8H38 WKN: A1E8H3 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
494279 19.08.2016
DGAP-News: ISARIA Wohnbau AG / Key word(s): Capital Increase/Delisting
ISARIA Wohnbau AG: ISARIA Wohnbau AG successfully executes capital increase
and announces time-table for delisting
19.08.2016 / 11:25
The issuer is solely responsible for the content of this announcement.
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Corporate News
ISARIA Wohnbau AG successfully executes capital increase and announces
time-table for delisting
19 August 2016 - ISARIA Wohnbau AG ("ISARIA") has successfully executed a capital increase through the issue of 11,882,000 new shares with a subscription price of EUR 4.50 per new share. LSREF4 ARIA Beteiligungs GmbH & Co. KG ("LSREF4"), an affiliate of Lone Star Real Estate Fund IV (U.S.), L.P. and Lone Star Real Estate Fund IV (Bermuda), L.P., took up all new shares for which the subscription rights were not exercised. The capital increase will become effective presumably on 22nd August 2016 upon registration with the commercial register. The proceeds from the capital increase, amounting to approximately EUR 53 million, will be used for the financing and realisation of already acquired development properties, the strengthening of the equity base of already existing development projects as well as the funding of the company's planned growth through acquisition and development of further development properties.
Moreover, ISARIA today has applied for the withdrawal of the admission of the ISARIA shares for trading on the regulated market of the Frankfurt stock exchange ("Delisting") based on the offering document related to the voluntary public takeover offer and the compensation offer by LSREF4 published on 28 July 2016. ISARIA expects the Delisting to become effective on 30 August 2016 by the end of the day.
About ISARIA Wohnbau AG ISARIA Wohnbau AG is a leading project developer for residential real estate construction projects in Munich. Since 2014, the company also develops residential projects in Hamburg. The projects realised by the company range from multi-storey apartments to terraced houses as well as the revitalisation of existing buildings. ISARIA Wohnbau AG is therefore capable of offering residential properties that meet the demands of a wide variety of customer groups as both owner-occupied or for investment. The business activities of One Group, Hamburg, which belongs to the ISARIA Group, largely comprise the issuing of project development funds for residential construction projects. For more information, please visit www.isaria.ag and www.onegroup.ag.
Disclaimer This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities of ISARIA Wohnbau AG in the United States, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer in any jurisdiction. The offer was made exclusively by and on the basis of the securities prospectus that was approved by, published and registered with the German Financial Supervisory Authority (BaFin). This pro-spectus is published on ISARIA Wohnbau AG's website and free-of-charge copies are, inter alia, available at the premises of ISARIA Wohnbau AG (Leopoldstraße 8, 80802 München, Fax: +49 (0)89 38 99 84-760). The offer already terminated. The securities of ISARIA Wohnbau AG may not be offered or sold in the United States absent registration or an ex-emption from registration under the U.S. Securities Act of 1933, as amended ("Securities Act"). The securities of ISARIA Wohnbau AG have not been, and will not be, registered un-der the Securities Act.
Contact details ISARIA Wohnbau AG Leopoldstraße 8 | 80802 München Telephone: +49 (0)89 38 99 84-0 | Telefax: +49 (0)89 38 99 84-760 E-Mail: v.gerber@isaria.ag | Web: www.isaria.ag
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19.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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: ISARIA Wohnbau AG Leopoldstraße 8 80802 München Germany Phone: +49 (0)89 38 99 84-0 Fax: +49 (0)89 38 99 84-760 E-mail: info@isaria.ag Internet: www.isaria.ag ISIN: DE000A1E8H38 WKN: A1E8H3 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
494279 19.08.2016
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