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DGAP-Ad-hoc: PATRIZIA Immobilien AG successfully issues 4.73 mm new shares to finance the recently announced and future portfolio acquisitions

The management board of PATRIZIA Immobilien AG (ISIN: DE000PAT1AG3) ('PATRIZIA') announces the successful placement of 4,730,000 new shares through a capital increase against cash contributions.

The proceeds of €104,060,000 are used to finance both already acquired real estate portfolios and future acquisitions.

The shares were allocated today exclusively to German and international institutional investors by means of an Accelerated Bookbuilding at € 22.00 per share, representing a discount of 0.90% to yesterday’s closing price on the Frankfurt stock exchange. The new shares were offered without pre-emptive rights for existing shareholders.

Following the capital increase First Capital Partner’s share in PATRIZIA is reduced from 50.02% to 45.48%.

Settlement and listing Settlement and delivery of the new shares will occur on 16 January 2007. First day of trading of the new shares on the Frankfurt Stock Exchange is expected for the same day. Following the offering PATRIZIA will have 52,130,000 ordinary shares outstanding.

The issue of new shares was managed by JPMorgan and Sal. Oppenheim. JPMorgan acted as Sole Bookrunner in the capital increase.

The Managing Board
Augsburg, January 10, 2007
 

The information contained herein may be not be, directly or indirectly, published or distributed in the United States of America, Canada, Australia or Japan. This announcement is not an offer to sell or to issue securities and not soliciting an offer to buy or to subscribe for the securities named herein and does not form part of any such offer or solicitation. The placement of shares and the distribution of this announcement and further information in connection with the placement may be subject to legal restrictions in certain jurisdictions and persons who receive documents referred to in this announcement or any other information are responsible to comply with and inform themselves about the applicable legal restrictions. The non-compliance with any of these restrictions may violate the securities laws in the relevant jurisdiction.

All securities referred to in this announcement have not been, and will not be, registered under the U. S. Securities Act of 1933.(the 'Securities Act') and may not be offered or sold within the U. S or to or for the account or benefit of U.S.- Persons (as defined in the Securities Act) unless they have been registered or exempt from the registration requirement under the Securities Act. The company does not and will not offer any securities within the United States.

This announcement is neither an offer to sell securities within Germany nor a prospectus in accordance with the German Securities Prospectus Act ('Wertpapierprospektgesetz'), the Commission Regulation (EC) No 809/2004 of April 29, 2004 or any other legal provisions applicable in Germany with respect to the issue, offer and sale of securities.
 

PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
86150 Augsburg 
Germany

Listing:  Frankfurt Official Market (Prime Standard)
ISIN:  DE000PAT1AG3
SIN:  PAT1AG

Contact:
Investor Relations    
Claudia Kellert

Phone:+49 (0) 821 5 09 10-360 
Fax:+49 (0) 821 5 09 10-399 

investor.relations (at) patrizia.ag  

Press
Andreas Menke

Phone:+49 (0) 821 5 09 10-655
Fax:+49 (0) 821 5 09 10-695

presse@patrizia.ag

Financial News transmitted by DGAP

Language:English
Issuer:PATRIZIA Immobilien AG
 Fuggerstraße 26
 86150 Augsburg
 Germany
Phone:+49 (0)821 - 509 10-000
Fax:+49 (0)821 - 509 10-999
E-Mail:investor.relations (at) patrizia.ag
Internet:www.patrizia.ag
ISIN:DE000PAT1AG3
WKN:PAT1AG
Indices:SDAX
Listed:Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hamburg, Düsseldorf, Stuttgart

Ende of News - DGAP News-Service

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