Fair Value REIT-AG
Fair Value REIT-AG issues convertible bond 2015/2020 worth EUR 8,460,000.00
Fair Value REIT-AG / Key word(s): Issue of Debt 14.01.2015 15:42 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Fair Value REIT-AG Leopoldstraße 244 80807 Munich Germany WKN: A0MW97 ISIN: DE000A0MW975 Fair Value REIT-AG issues convertible bond 2015/2020 worth EUR 8,460,000.00 Munich, January 14, 2015 - On the basis of the authorisation granted by the Annual General Meeting of Fair Value REIT-AG on May 27, 2014, the company's Management Board has today passed a resolution, with Supervisory Board assent, to issue a convertible bond divided into 8,460 convertible partial debentures with a nominal value of EUR 1,000.00 each, i.e. an overall nominal value of EUR 8,460,000.00 and a term of five years. Shareholders' subscription rights were excluded. The convertible bonds each offer a right of conversion into no-par value ordinary bearer shares with a proportionate interest in the share capital of EUR 2.00 per share and these are subject to interest of 4.5% p.a. The convertible partial debentures were issued with a nominal value of EUR 1,000.00 each. The initial conversion price is EUR 9.00 per convertible share, and therefore reflects a premium totalling approx. 31% in relation to yesterday's closing price of the company's share. The convertible bonds were completely subscribed for by one investor. The inclusion of the bond in free market trading (Quotation Board) of the Frankfurt Stock Exchange is planned for January 19, 2015. The convertible bond will likely be entered into accounts as of January 19, 2015, following securitisation. The funds raised by the convertible bond are to be used for new investments, particularly for the further expansion of the participation portfolio of Fair Value REIT-AG as well as for general corporate purposes. The bond terms and conditions are available from Fair Value REIT-AG, Leopoldstrasse 244, 80807 Munich from January 19, 2015, and may be viewed and downloaded online at www.fvreit.de. The measure was supported by ODDO SEYDLER BANK AG, Frankfurt am Main. Disclaimer: This disclosure constitutes neither a sales offer nor a solicitation to submit a purchase offer or subscribe for securities. No public offer exists of Fair Value REIT-AG bonds. The distribution of this disclosure could be subject to legal limitations in certain jurisdictions. Persons who come into possession of this disclosure are required to inform themselves of such limitations and adhere to these. Non-adherence to such limitations can represent an infringement against the securities laws of the respective jurisdiction. This disclosure is not intended for distribution in or within the United States of America, Canada, Australia or Japan or in other jurisdictions in which an offer or an invitation to submit an offer is subject to legal limitations. This disclosure does not represent a public offer for securities in the United States of America. The bonds are not and will not be registered pursuant to the U.S. Securities Act from 1933 in its respective applicable version (the "Securities Act") and may only be offered or sold in the United States of America based on a registration or an applicable exception from the registration obligation pursuant to the Securities Act. < End of the ad hoc notification > Contact: Fair Value REIT-AG Frank Schaich Tel.: +49 (0) 89-9292815-10 Fax.: +49 (0) 89-9292815-15 E-Mail: schaich@fvreit.de 14.01.2015 The DGAP 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: Fair Value REIT-AG Leopoldstraße 244 80807 München Germany Phone: +49 (0)89 9292 815-01 Fax: +49 (0)89 9292 815-15 E-mail: info@fvreit.de Internet: www.fvreit.de ISIN: DE000A0MW975 WKN: A0MW97 Indices: RX REIT All Share Index, RX REIT Index Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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