Consus Real Estate AG commences private placement of shares not subscribed for in the rights issue
Berlin, 23 July 2018. As part of its previously announced capital increase with subscription rights 11.1 million new shares of Consus Real Estate AG (“CONSUS”) have so far been subscribed for by existing shareholders at the subscription price of EUR7.20 per share. The corresponding preliminary gross proceeds will amount to approx. EUR80 million.
Deutsche Bank and UBS (acting as Joint Global Coordinators and Joint Bookrunners) and Baader Bank (acting as Joint Bookrunner) will offer the remaining up to 28.7 million shares to institutional investors in a private placement at the subscription price of EUR7.20 per share (rump placement). The private placement will start immediately after publication of this press release.
Peter Dietze-Felberg Wallstrasse 16, 10179 Berlin
+49 (0)30 28 44 987-62
Consus Real Estate AG
Andreas Steyer, CEO
About Consus Real Estate AG
Consus Real Estate AG (“CONSUS”), based in Berlin, Germany, through its subsidiary CG Gruppe AG, is a leading developer of residential real estate properties in the country’s Top 9 cities. CONSUS focuses on and has a strong track record of institutional forward sales, digitalization and industrial mass production along the entire development value chain. The shares of CONSUS are listed on the m:access segment of the open market (Freiverkehr) of the Munich Stock Exchange (Börse München), and are traded via XETRA in Frankfurt.
This publication constitutes neither an offer to sell nor a solicitation to buy securities. These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of Consus Real Estate AG (“CONSUS”) in the United States, Australia, Canada or any other jurisdiction in which such offer or solicitation is unlawful. The Securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions.
The Securities of CONSUS 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 (the “Securities Act”). The Securities of CONSUS have not been, and will not be, registered under the Securities Act. There will be no public offering of the securities in the United States. Any sale in the United States of the Securities mentioned in this communication will be made solely to “qualified institutional buyers” as defined in, and in reliance on, Rule 144A under the Securities Act.
In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) or (ii) are persons falling within Article 49(2)(a) through (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as “Relevant Persons”). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.