Delisting Announcement • Jun 10, 2015
Delisting Announcement
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 10 June 2015 14:01
Deutsche Pfandbriefbank AG: pbb plans flotation on the Frankfurt Stock Exchange probably for July 2015
Deutsche Pfandbriefbank AG / Key word(s): IPO
10.06.2015 14:01
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, 10 June 2015 - Deutsche Pfandbriefbank AG ("pbb") plans a listing
in the Prime Standard segment of the Frankfurt Stock Exchange. Subject to
the market environment, the IPO is scheduled to take place during July
2015. Within the scope of the planned IPO, a minimum stake of 75.1% of the
shares is planned to be placed, with the Federal Republic of Germany-
indirectly via Hypo Real Estate Holding AG (HRE) - holding a minimum 20%
stake in pbb for a two-year period after the IPO, based on a respective
lock up commitment. In the course of the IPO, no primary shares will be
placed. pbb's sole shareholder HRE will not pursue the alternative sale of
pbb via a tender process for the time being.
The public announcement of the intention to float pbb is based on
resolutions passed on 10 June 2015 by Extraordinary General Meetings of pbb
and its sole shareholder HRE based on a positive vote by the
Interministerial Steering Committee. The Interministerial Steering
Committee adopts material decisions concerning the measures taken by the
German Financial Markets Stabilisation Fund (FMS), HRE's owner.
Contact:
Reiner Barthuber +49 (0) 89 2880 28 201
10.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Deutsche Pfandbriefbank AG
Freisinger Strasse 5
85716 Unterschleissheim
Germany
Phone: +49 (0) 89 2880 28 201
Fax: +49 (0) 89 2880 22 28 201
E-mail: [email protected]
Internet: http://www.pfandbriefbank.com
ISIN: DE0008053331, Eine vollständige Übersicht der Eigenemissionen
der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden
Sie unter,
http://www.pfandbriefbank.com/investor-relations/pflichtvero
effentlichungen/ad-hoc-mitteilungen.html
WKN: 805333, Eine vollständige Übersicht der Eigenemissionen der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden Sie unter, http://www.pfandbriefbank.com/investor-relations/pflichtveroeffentlichungen/ad-hoc-mitteilungen.html
Listed: Regulated Market in Frankfurt , Munich, Stuttgart; Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover;
London, Mailand, Paris, Luxemburg, SIX
End of Announcement DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.