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HAMBORNER REIT AG (FRA:HAB) HAMBORNER REIT AG sets amount of capital increase at EUR 11,350,000.00 as well as the subscription and offer price for new shares at EUR 7.00 per share

Directive transparence : information réglementée

07/10/2010 20:47
HAMBORNER REIT AG / Key word(s): Capital Increase/Capital Increase 07.10.2010 20:47 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc-Notification pursuant to Section 15 WpHG HAMBORNER REIT AG, Goethestrasse 45, 47166 Duisburg, October 7, 2010 HAMBORNER REIT AG sets amount of capital increase at EUR 11,350,000.00 as well as the subscription and offer price for new shares at EUR 7.00 per share The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Japan or Australia. Today, the Management Board of HAMBORNER REIT AG has set with the consent of the Supervisory Board and in coordination with the syndicate of banks the conditions for the capital increase against cash contributions announced on September 23, 2010. The share capital of the company will be increased from EUR 22,770,000.00 by EUR 11,350,000.00 to EUR 34,120,000.00 using the entire authorized capitals of the company. 11,350,000 new, no-par value bearer shares with a notional value of EUR 1.00 per share in the share capital and with full dividend rights from January 1, 2010 will be issued against cash contributions. Taking into account the waiver declared by certain shareholders to exercise their subscription rights the subscription ratio corresponds 2 to 1, i.e. two existing shares entitle to subscribe for one new share. The subscription price for the capital increase against cash contributions and the offer price for the pre-placement of the new shares, which has already taken place under the lead of WestLB AG as Sole Lead Manager and Bookrunner, have each been set at EUR 7.00 per share. All new shares have already been placed in the pre-placement to institutional investors. Approximately 47 percent of the shares to be allocated are subject to the exercise of subscription rights of those shareholders who have not assigned their subscription rights in advance to WestLB AG. The company will, under the conditions set out in the subscription offer, raise net proceeds of approximately EUR 76 million from the capital increase. The subscription period for the new shares has been set from October 12, 2010 up to and including October 25, 2010. The settlement of those new shares which are attributable to subscription rights assigned by shareholders and allotted to investors in the pre-placement will be delivered to the investors presumably on October 13, 2010, thus, shortly after registration of the capital increase with the commercial register. The remaining new shares will be delivered after termination of the subscription period presumably on October 28, 2010. The trading of the new shares in the regulated market of the stock exchanges of Frankfurt (Prime Standard), Berlin, Düsseldorf, Hamburg, Munich and Stuttgart is expected to begin on October 13, 2010. The subscription rights for the new shares shall be traded in the period from October 12, 2010 up to and including October 21, 2010 in the regulated market of the Frankfurt Stock Exchange. With respect to the further details of the offering and risks related thereto reference is made to the prospectus approved by the German Federal Financial Supervisory Authority (BaFin) on September 23, 2010 and required for the public offering and the admission of the new shares. The prospectus is published inter alia on the website www.hamborner.de. HAMBORNER REIT AG - The Management Board 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. Sybille Albeser HAMBORNER REIT AG Tel. +49 203 54405 32 s.albeser@hamborner.de 07.10.2010 20:47 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: HAMBORNER REIT AG Goethestraße 45 47166 Duisburg Deutschland Phone: 0203/54405-0 Fax: 0203/54405-49 E-mail: info@hamborner.de Internet: www.hamborner.de ISIN: DE0006013006 WKN: 601300 Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg, München, Düsseldorf, Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------