DGAP-News: alstria office REIT-AG: alstria successfully executed capital increase, 18,200,000 shares from majority shareholder Captiva placed in the broad market
(firmenpresse) - DGAP-News: alstria office REIT-AG / Key word(s): Capital Increase
alstria office REIT-AG: alstria successfully executed capital
increase, 18,200,000 shares from majority shareholder Captiva placed
in the broad market
29.03.2011 / 20:25
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Press release
- Not for release, publication or distribution in the United States,
Australia, Canada or Japan -
alstria office REIT-AG successfully executed capital increase, 18,200,000
shares from majority shareholder Captiva placed in the broad market
- alstria takes in gross proceeds of EUR 95 million
- Proceeds intended to be used to fund future growth
- Significantly increased free float enhances alstria's investment profile
HAMBURG, March 29, 2011 - alstria office REIT-AG (ISIN DE000A0LD2U1)
successfully placed 10,000,000 new shares in the market. The company
increased its nominal share capital from EUR 61,599,999 to EUR 71,599,999,
having partially used its authorized capital. Furthermore 18,200,000 shares
from alstria's majority shareholder Captiva were placed in the broad
market, thereof 2,200,000 greenshoe shares. The company's free float
therefore increased significantly.
The placement price of the shares is EUR 9.50 per share. The company will
receive gross proceeds in the amount of approximately EUR 95 million. The
funds raised through the capital increase - after deduction of fees and
expenses from the capital increase in connection with the issuance - are
intended to be used to finance further growth and to take advantage of
acquisition opportunities which are observed in the market. 'The successful
capital increase is testimony to the confidence of investors in alstria's
business model,' says Olivier Elamine, CEO of alstria office REIT-AG. 'We
are looking forward to take advantage of acquisition opportunities we see
in the market, and invest the new funds in an accretive manner'.
The new shares are expected to be admitted to trading on the Regulated
Market segment of the Frankfurt Stock Exchange and the sub-segment of the
Regulated Market with further post-admission obligations of the Frankfurt
Stock Exchange (Prime Standard) and will carry full dividend rights for the
fiscal year 2010.
Settlement and delivery of the new shares is expected to take place on
April 4, 2011.
The transaction was managed by J.P. Morgan and UBS as Joint Global
Coordinators and Joint Bookrunners.
About alstria:
alstria office REIT-AG (alstria) is an internally managed Real Estate
Investment Trust (REIT) focused on acquiring, owning and managing office
real estate in Germany. alstria was founded in January 2006 and was
converted into the first German REIT in October 2007. Its headquarters are
in Hamburg. alstria office REIT-AG owns a diversified portfolio of
properties across attractive German office real estate markets. Its current
portfolio comprises 74 properties with an aggregate lettable space of
approximately 821,000 sqm and is valued at approximately EUR 1.4 bn.
alstria intends to expand its portfolio in the upcoming years as part of a
sustainable growth strategy. The alstria office REIT-AG strategy is based
on active asset and portfolio management as well as on establishing and
maintaining good relationships with key tenants and decision makers.
alstria focuses onlong-term real estate value creation.
For further information, please see: www.alstria.com
Contact alstria office REIT-AG:
Ralf Dibbern
IR | PR
Tel: +49 - 40 - 226 341 329
Email: rdibbern(at)alstria.de
Disclaimer:
'This press release constitutes neither an offer to sell nor a solicitation
of an offer to buy any securities. The securities have already been sold.
This press release and the information contained herein are not for
distribution in or into the United States of America ('United States'),
Australia, Canada and Japan and must not be distributed to publications
with a general circulation in the United States. This press release does
not constitute an offer or invitation to purchase any securities in the
United States. The securities of alstria office REIT-AG have not been and
will not be registered under the securities act of 1933, as amended
('securities act'), and may not be offered or sold within the United States
absent registration or an exemption from the registration requirements of
the securities act. There will be no public offering of securities in the
United States.
This document is directed only at persons (i) who are outside the United
Kingdom or (ii) who have professional experience in matters relating to
investments falling within article 19(5) of the financial services and
markets act 2000 (financial promotion) order 2005 (as amended) (the
'order') or (iii) who fall within article 49(2)(a) to (d) ('high net worth
companies, unincorporated associations etc.') of the order (all such
persons together being referred to as 'relevant persons'). Any person who
is not a relevant person must not act or rely on this communication or any
of its contents. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with relevant persons.'
End of Corporate News
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29.03.2011 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,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: alstria office REIT-AG
Bäckerbreitergang 75
20355 Hamburg
Deutschland
Phone: 040-226 341 300
Fax: 040-226 341 310
E-mail: info(at)alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, München, Stuttgart
End of News DGAP News-Service
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117490 29.03.2011
Datum: 29.03.2011 - 20:25 Uhr
Sprache: Deutsch
News-ID 33624
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