DGAP-Adhoc: TAG Immobilien AG will repurchase three series of its outstanding convertible notes

TAG Immobilien AG / Key word(s): Miscellaneous

29.07.2013 08:46

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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29 July 2013

NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA

TAG Immobilien AG will repurchase
three series of its outstanding convertible notes

The management board of TAG Immobilien AG (the Company) has resolved to
invite the holders of three series of Notes to tender for purchase at the
respective Repurchase Price (as defined below) for cash as described below
(the Repurchase Invitation). For this purpose, the Company intends to use
parts of the net proceeds from the issue of the corporate bond in the
amount of up to EUR 200 million and a term of five years, the offer of
which was also resolved today.

The Repurchase Invitation relates to the following series of convertible
notes (the Notes):

Description ISIN Denomin- Outstandi- Minimum Repurchase
ation ng Price
Principal
Amount

EUR 30,000,000 6.375 DE000A1E EUR EUR EUR 177.86 (excluding
per cent. LQF0 100.00 29,945,100 accrued interest)
Convertible Notes .00
due May 2015

EUR 66,600,000 6.50 DE000A1E EUR 7.40 EUR EUR 10.23 (including
per cent. 89W7 66,598,764 accrued interest to
Convertible Notes .20 the Settlement Date)
due December 2015

EUR 85,300,000 5.50 DE000A1P EUR EUR EUR 127,490.74
per cent. GZM3 100,000. 85,300,000 (excluding accrued
Convertible Notes 00 .00 interest)
due June 2019

The respective final repurchase price of each series of Notes (the
Repurchase Price) will be determined following the Close of Invitation (as
defined below) and will be equal to an amount equal to or above the
respective Minimum Repurchase Price for such series of Notes (as set out in
the table). The Company has limited the Notes to be repurchased pursuant to
the Repurchase Invitation such that the cash amount to be paid in
consideration for the Notes (including of accrued interest to theSettlement
Date) will not exceed EUR 120,000,000 (the Maximum Cash
Consideration).

The Repurchase Invitation will be valid from its publication and presumably
until 6 pm CET on 30 July 2013 (the Close of Invitation).

The settlement of the Notes is expected to occur on 7 August 2013 (the
Settlement Date).

Disclaimer

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO OR TO ANY PERSON NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR
ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE
ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF
AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES). THE OFFER
REFERENCED HEREIN IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, OR BY USE OF THE MAILS, OR BY ANY MEANS OR INSTRUMENTALITY
OF INTERSTATE OR FOREIGN COMMERCE, OR OF ANY FACILITY OF A NATIONAL
SECURITIES EXCHANGE, OF THE UNITED STATES AND THE OFFER CANNOT BE ACCEPTED
BY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY OR FROM WITHIN THE
UNITED STATES.

This release does not constitute an offer to sell or a solicitation of an
offer to purchase any securities in the United States. The securities
referred to herein (including the Notes and the shares of TAG Immobilien AG
have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the Securities Act) or the laws of any state within the
U.S., and may not be offered or sold in the United States or to or for the
account or benefit of U.S. persons, except in a transaction not subject to,
or pursuant to an applicable exemption from, the registration requirements
of the Securities Act or any state securities laws. This release and the
information contained herein may not be distributed or sent into the United
States, or in any other jurisdiction in which offers or sales of the
securities described herein would be prohibited by applicable laws and
should not be distributed to United States persons or publications with a
general circulation in the United States. No offering of the Notes is being
made in the United States.

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Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 390
E-mail: ir@tag-ag.com
Internet: http://www.tag-ag.com
ISIN: DE0008303504
WKN: 830350
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart

End of Announcement DGAP News-Service

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