DGAP-Media: HAMBORNER REIT AG successfully concludes increase in share capital
(firmenpresse) - HAMBORNER REIT AG / Key word(s): Enterprise
26.10.2010 17:46
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HAMBORNER REIT AG successfully concludes increase in share capital
The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States of America, Canada,
Japan or Australia.
- Net issue proceeds of ca. EUR76 million to be used for further growth
- Share of HSH Real Estate AG decreases from more than 50% to 35.18%
Duisburg, October 26, 2010 - The capital increase of HAMBORNER REIT AG has
been successfully completed. 95.8% of the subscription rights were
exercised by the owners of these rights and 5.159.153 new shares subscribed
to as a result. These are the subscription rights which were not assigned
in advance of the transaction by HSH Real Estate AG and its subsidiaries
HSH RE 2.-7. Beteiligungs GmbH to the sole lead manager, WestLB AG.
The remaining 224.286 new shares, which had already been placed with
institutional investors in the pre-placement with a clawback and for which
the subscription rights were not exercised, will now be supplied to the
above.
In conjunction with the capital increase a total of 11,350,000 new
individual bearer share certificates were issued with full entitlement to
dividends from January 1, 2010 for a subscription price of EUR 7.00 per
share and thereby the authorised capital fully utilised. The net issue
proceeds for HAMBORNER REIT AG is around EUR76 million. The share of HSH
Real Estate AG in HAMBORNER REIT AG decreases as a result of this
transaction from more than 50% to 35.18%.
'We would like to thank the shareholders for the great sign of confidence
they have shown in the successful development taken by the company. With
the felicitous increase in capital HAMBORNER REIT AG is strengthening its
sound financial base in order that it can continue to pursue its
growth-oriented corporate strategy,' explained the two management board
members Dr. Rüdiger Mrotzek and Hans Richard Schmitz.
About HAMBORNER REIT AG
HAMBORNER REIT AG is a public limited company listed on the stock exchange
which today works exclusively in the real estate sector and occupies a
position as a portfolio holder for high-yield commercial properties. The
basis of the company's sustainable rental income is a substantial real
estate portfolio that is spread throughout the country. The main focus of
the portfolio consists of attractive retail space in central city centre
locations in Germany and resources centres.
Furthermore, the property portfolio comprises highly frequented specialist
stores and profitable office buildings, as well as doctors' surgeries,
apartments and car parks.
Additionally, the company possesses around 2,4 million m²of undeveloped
land, which is mainly located in the north of Duisburg and the neighbouring
local authority districts of Dinslaken and Hünxe.
The outstanding features of HAMBORNER REIT AG are its many years of
experience in the real estate and capital market, its lean and transparent
corporate structure and its particular proximity to the tenants. The
company is a registered Real Estate Investment Trust (REIT)
and benefits at the company level from exemption from corporation and trade
tax.
Press contact:
Sybille Albeser
Tel.: +49 (0)203 54405-32
Fax: +49 (0)203 54405-49
E-mail: s.albeser(at)hamborner.de
Web:www.hamborner.de
This publication constitutes neither an offer to sell nor a solicitation to
buy or subscribe to securities. Any such offer is being made solely on the
basis of the Securities Prospectus published and registered with the German
Financial Supervisory Authority (BaFin]. The information legally required
to be provided to investors is contained only in the Securities Prospectus.
The information contained herein is not for distribution, directly or
indirectly, in or into the United States of America (including its
territories and possessions or any State of the United States of America or
the District of Columbia) and must not be distributed to U.S. persons (as
defined in Regulation S under the U.S. Securities Act of 1933, as amended
('Securities Act')) or publications with a general circulation in the
United States of America. This publication does not constitute or form part
of any offer or solicitation to purchase or subscribe for securities in the
United States of America. The securities have not been and will not be
registered under the Securities Act and may not be offered or sold in the
United States of America absent registration or an exemption from
registration under the Securities Act, as amended. The Issuer does not
intend to register any portion of the offering in the United States of
America or to conduct a public offering of the Securities in the United
States of America.
The shares that are the subject of the offer are not being offered or sold
to any person in the United Kingdom, other than to qualified investors as
defined in Section 86(7) of the Financial Services and Markets Act 2000,
being persons falling within Article 2.1(E)(i), (ii) or (iii) of Directive
2003/71/EC of the European Parliament and of the Council dated 4 November
2003 (Prospective Directive), which includes legal entities which are
regulated by the Financial Services Authority and entities which are not so
regulated whose corporate purpose is solely to invest in securities and who
also fall within the definition of 'Investment Professionals' in Article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotions)
Order 2005 (the 'FPO') and high net worth entities falling within Article
49(2)(a) to (d) of the FPO.
This publication is not an offer of securities for sale in Canada, Japan or
Australia.
26.10.2010 17:46 Dissemination of a Press Release, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: HAMBORNER REIT AG
Goethestraße 45
47166 Duisburg
Deutschland
Internet: www.hamborner.de
End of Announcement DGAP-Media
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Datum: 26.10.2010 - 17:46 Uhr
Sprache: Deutsch
News-ID 32412
Anzahl Zeichen: 0
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Kategorie:
Business News
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