Colonia Real Estate AG / Capital Increase/Miscellaneous
10.05.2007
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Colonia Real Estate AG raises approx. EUR 179mn new capital - successful
completion of rights offering as basis for further expansion - take-up
quota of new shares at 99.71%
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED
STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.
Cologne, 10 May 2007 - Colonia Real Estate AG (ISIN: DE0006338007, WKN
633800) has concluded its share capital from EUR 15,704,000 to EUR
21,985,600 by issuing 6,281,600 new ordinary shares from authorized
capital. The company successfully raised approx. EUR 179 million of gross
proceeds in an indirect rights offering in which new ordinary shares were
offered to existing shareholders of Colonia Real Estate AG at a
subscription ratio of two new shares for every five shares held. New shares
were offered to shareholders at a subscription price of Euro 28.50 per new
share. Rights trading took place from 26 April until 4 May and the
subscription period commenced on 26 April and ended on 9 May. The take-up
quota was 99.71%, that means 6,263,446 of 6,281,600 new shares were drawn.
Following the completion of the capital increase, the shareholder structure
of Colonia Real Estate AG has changed. Swiss Real Estate AG, Colonia Real
Estate AG´s largest shareholder, keeps a holding of approx. 27.5% (prior
to the capital increase: approx. 32.5%) in the company, enhancing the free
float from approx. 67.5% to approx. 72.5% after the capital increase.
'The successful completion of the rights offering and the strong demand for
the shares during the subscription period support the further expansion of
our company in both our residential principal investments and the combined
asset management/ co-investment business', explained Stephan Rind, CEO of
Colonia Real Estate AG.
UBS Limited as Global Co-ordinator, Merrill Lynch International as Joint
Bookrunner and UniCredit Markets & Investment Banking as Co-Lead Manager
acted as underwriters on Colonia Real Estate AG's indirect rights offering.
Silvia Quandt Bank - Repraesentanz der biw Bank für Investments und
Wertpapiere AG acted as Selling Agent.
About Colonia Real Estate AG
Colonia Real Estate AG (Reuters: KBUG.DE / Bloomberg: KBU GY) is a listed
real estate investment and management company focusing on the German
market. Its integrated business model consists of three synergistic
cornerstones: The Investment Division focuses on high-yield residential
property portfolios held for the company's account and opportunistic
co-investments in commercial real estate together with prominent partners.
Resolution GmbH has operations across Germany and specializes in asset
management for the Group as well as for supraregional real estate
portfolios held by international investors, whom it also advises on
transactions. The focus is on yield optimization and the realization of
appreciation potential. CRE Fonds Management GmbH's core business is the
conception, marketing and management of structured investment products such
as closed-end real estate funds for institutional investors and private
clients.
This announcement is not a prospectus and, to the extent that it may
constitute an advertisement, does not constitute an offer to sell or the
solicitation of an offer to purchase the shares or other securities of
Colonia Real Estate AG. The shares offered in connection with the rights
offering have already been placed.
This announcement is not an offer of securities for sale in the United
States. Securities may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S. Securities
Act of 1933, as amended. Any public offering of securities to be made in
the United States of America will be made by means of a prospectus that may
be obtained from Colonia Real Estate AG and that will contain detailed
information about the company and management, as well as financial
statements. Colonia Real Estate AG does not intend to register any part of
the offering in the United States.
This announcement is directed at and/or for distribution in the United
Kingdom: only to (i) persons who have professional experience in matters
relating to investments falling within article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
'Order') or (ii) high net worth entities falling within article 49(2)(a) to
(d) of the Order (all such persons being together referred to as 'relevant
persons'). This announcement is directed only at relevant persons. Any
person who is not a relevant person should not act or rely on this
announcement or any of its contents. Any investment or investment activity
to which this announcement relates is available only to relevant persons
and will be engaged in only with relevant persons.
The information contained in this announcement is not for publication or
distribution in Canada, Australia or Japan and does not constitute an offer
of securities for sale in such countries.
Contact:
Christoph D. Kauter
Head of Investor Relations
Colonia Real Estate AG
Zeppelinstr. 4-8
50667 Köln
Telefon: +49 (0)221 71 60 71 0
Fax: +49 (0) 221 71 60 71 99
E-Mail: ir@cre.ag
Sylvia Faber
Citigate Dewe Rogerson GmbH
Goethestraße 26-28
60313 Frankfurt am Main
Tel: 0049-69 90 500 - 100
Fax: 0049-69 90 500 - 101
E-Mail: sylvia.faber@citigatedr.de
DGAP 10.05.2007
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Language: English
Issuer: Colonia Real Estate AG
Zeppelinstr. 4 - 8
50667 Köln Deutschland
Phone: 0221-716071-0
Fax: 0221-716071-99
E-mail: info@cre.ag
www: www.cre.ag
ISIN: DE0006338007
WKN: 633800
Indices: SDAX, GPR 250, MSCI Germany Small Cap Index, FTSE EPRA/ NAREIT, E&G DIMAX
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Düsseldorf; Freiverkehr in Hamburg, München, Stuttgart
End of News DGAP News-Service
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