Announcement concerning capital increase from company funds and the issue of bonus shares
The Annual General Meeting of PATRIZIA Immobilien AG held on 16 June 2016, decided to increase the Company's share capital from its own funds by EUR 7,632,354.00 from EUR 76,323,533.00 to EUR 83,955,887.00 in accordance with the provisions of Article 207 ff. of the German Stock Corporation Act [AktG].
The capital increase will be effected by converting a partial amount of EUR 7,632,354.00 of the capital reserve reported in the company's annual balance sheet as of 31 December 2015, into share capital. The capital increase will be performed by issuing 7,632,354 new registered no-par value shares (bonus shares) with a notional portion of the share capital of EUR 1.00 per share, which will be distributed to the shareholders of PATRIZIA Immobilien AG in a ratio of 10:1. The new shares carry full dividend rights as of 1 January 2016. The corresponding change to the Articles of Association was entered in the Commercial Register of the company at the Augsburg District Court and thus became effective on 12 August 2016. The Company's share capital now amounts to EUR 83,955,887.00 and is divided into 83,955,887registered no-par value shares. The transaction is being supervised by Dero Bank AG, Munich.
The reference date for the allocation of bonus shares is 26 August 2016. Our company's shareholders are entitled to bonus shares in a ratio of 10:1 based on their previous shareholding according to ISIN DE000PAT1AG3 after the close of markets on the evening of 26 August 2016, such that one (1) new share is allocated to each ten (10) old shares. Since all shares of PATRIZIA Immobilien AG are held in collective bank depositaries, shareholders do not need to undertake anything with regard to the allocation. The bonus shares will be allocated to eligible shareholders by security deposit credit based on their holdings of old shares after the close of markets on 26 August 2016.
In cases where eligible shareholders' holdings are subject to fractional rights (ISIN DE000PAT6AG2 / WKN PAT6AG) owing to the allocation ratio of 10:1, such eligible shareholders will be informed by their depositary bank of any measures that may be required (issuing of buy or sell orders for fractional shares).
The bonus shares will be given the same ISIN as the old shares (ISIN DE000PAT1AG3). They are securitised by a global certificate deposited with Clearstream Banking AG, Frankfurt am Main. The entitlement of shareholders to certification of their shares and any share of profit is excluded by the Articles of Association.
The first day of trading for the bonus shares in the official market (Prime Standard) of the Frankfurt Stock Exchange is29 August 2016. The listing of shares of PATRIZIA Immobilien AG will be deemed to be "ex bonus shares" as of the same day. There are no provisions for the refund of fees on the part of the issuer.
PATRIZIA Immobilien AG
The Managing Board