Aggregate Holdings SA
Aggregate Holdings SA: CONSUS REAL ESTATE AG COMPLETES CAPITAL INCREASE
DGAP-News: Aggregate Holdings SA / Key word(s): Miscellaneous Not for release, publication or distribution in the United States, Canada, Australia or Japan.
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE. CONSUS REAL ESTATE AG COMPLETES CAPITAL INCREASE Consus Real Estate AG generates gross proceeds of approx. EUR131 million from its capital increase Berlin, 24 July 2018. Consus Real Estate AG (“CONSUS”) has offered and sold approx. 18.2 million new shares at the subscription price of EUR7.20 each, including shares not subscribed for by existing shareholders and subsequently offered and sold to institutional investors in a private placement at the subscription price (rump placement). The gross proceeds from the capital increase amount to approx. EUR131 million. The newly issued shares will have full dividend rights from 1 January 2017 and are expected to be included in the listing of Consus’ shares on the m:access segment of the open market (Freiverkehr) of the Munich Stock Exchange (Börse München) and simultaneously, together with the existing shares of the company, in the Scale segment of the open market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) on 27 July 2018. CONSUS intends to use the net proceeds from the capital increase to fund additional pipeline growth of its development business and to enhance its strategic flexibility. Additional pipeline growth will be through its subsidiary CG Gruppe AG, which will facilitate raising the CONSUS stake in CG, or through selected add-on acquisitions of real estate developers. Andreas Steyer, CEO of CONSUS: “The completion of our capital increase allows us to focus on our ambitious growth strategy to expand our market leadership in German residential development. We see this as an important step in introducing the company to institutional shareholders and a broad set of research banks. I am also very pleased with the continued support from our shareholders, including our major shareholder Aggregate Deutschland S.A. I am convinced that CONSUS is a highly attractive investment and therefore I have decided to purchase shares in the amount of EUR2 million.” Contact: Massimo Longoni Director Aggregate Holdings S.A. +352 26 478777 21 massimolongoni@groupelecta.lu
01.08.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Aggregate Holdings SA |
Rue Antoine Jans 10 | |
1820 Luxembourg | |
Luxemburg | |
Phone: | 00352 26 478 777 21 |
E-mail: | massimolongoni@groupelecta.lu |
ISIN: | DE000A184P98 |
WKN: | A184P9 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Stuttgart |
End of News | DGAP News Service |
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