DGAP-News: GWB strengthens equity base via capital increase
(firmenpresse) - DGAP-News: GWB Immobilien AG / Key word(s): Capital Increase
GWB strengthens equity base via capital increase
25.01.2011 / 13:50
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- Issue generates proceeds of EUR 875,000
- Proceeds guarantee implementation of further projects
Hamburg, 25. January 2011. GWB Immobilien AG has completed the planned
capital increase successfully: 700,000 new shares have in total been placed
with institutional investors at an issue price of EUR 1.25 per share in the
context of a private placement. GWB has strengthened its equity base with
the proceeds of EUR 875,000. The share capital of the company is increasing
to EUR 7,875,000 as a result of this corporate action.
'The interest shown in the GWB share and the positive feedback from
investors have been a great encouragement to us. We succeeded in placing
all the new shares within just one day. The financial resources we have
obtained as a result guarantee the implementation of further projects',
explains Dr Norbert Herrmann, CEO of GWB Immobilien AG.
Following registration of the capital increase, the share capital of the
company will increase to EUR 7,875,000, divided up into 7,875,000 bearer
shares with no par value. Bankhaus Donner&Reuschel AG, Hamburg, assisted
with this transaction.
About GWB Immobilien AG
GWB is listed in the Prime Standard at Frankfurt Stock Exchange. Over a
period of more than 15 years, the GWB corporate group has developed into a
specialist for the implementation of large retail projects and for the
revitalisation of retail properties. The focus is on medium-sized towns and
suburban areas. The strength of the GWB business model is that the company
acts as a single, integrated source for the provision of all the necessary
services, covering the entire supply chain from project development and
construction to marketing and management. More than 40 projects have been
completed successfully.
Further information is available on the company website
www.GWB-Immobilien.de.
Press inquiries:
Kirchhoff Consult AG, Janina Wismar
Phone: +49 (0) 40 60 91 86-50, janina.wismar(at)kirchhoff.de
End of Corporate News
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25.01.2011 Dissemination of a Corporate News, 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,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GWB Immobilien AG
Hauptstraße 1a
22962 Siek
Deutschland
Phone: +49 4107 9080-0
Fax: +49 4107 908072
E-mail: info(at)gwb-immobilien.de
Internet: www.gwb-immobilien.de
ISIN: DE000A0JKHG0, DE000A0JRVH4, DE000A0JRVJ0
WKN: A0JKHG
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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109960 25.01.2011
Datum: 25.01.2011 - 13:50 Uhr
Sprache: Deutsch
News-ID 33054
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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