TAG Immobilien AG / Corporate Action 15.04.2010 12:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Acting with the approval of the Supervisory Board, the Management Board of TAG Immobilien AG ('TAG' for short) has today passed a resolution on the basis of the authorisation granted at TAG's annual general meeting of 27 August 2009 to issue a convertible bond with a value of up to EUR 30 million. The issue price stands at 100% of the nominal amount, i.e. EUR 100.00 per bond, with a coupon of between 5.5% and 6.5% p.a. over a term of five years. In accordance with the shareholder authorisation, the conversion price has been set at EUR 5.47, equivalent to 130% of the reference price. Holders of the conversion rights will be entitled to receive bearer shares, which will be issued using the contingent capital authorised in a resolution passed at TAG's annual general meeting of 27 August 2009. The shareholders will be granted a right to subscribe to the convertible bonds, which will be denominated in units of EUR 100.00, on a 1-for-117 basis. The subscription right has been excluded for fractional amounts. The separate subscription offer is to be published in the week commencing 19 April 2010, with the subscription period to last for two weeks. There are no plans for trading in the subscription rights. The bonds will be listed in the open market of the Frankfurt Stock Exchange. The issue is being executed to raise funding for future investments. Close Brothers Seydler Bank AG, Frankfurt am Main, is the sole lead manager and sole bookrunner for this transaction. Kontakt: TAG Immobilien AG Investor und Public Relations Britta Lackenbauer / Dominique Mann Tel. +49 (0) 40 380 32 -386 / -305 Fax +49 (0) 40 380 32 390 ir@tag-ag.com 15.04.2010 12:09 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: TAG Immobilien AG Steckelhörn 5 20457 Hamburg Deutschland Phone: 040 380 32 300 Fax: 040 380 32 390 E-mail: ir@tag-ag.com Internet: http://www.tag-ag.com ISIN: DE0008303504 WKN: 830350 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: TAG Immobilien AG: TAG Immobilien AG to issue a convertible bond for EUR 30 million
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