Accentro Real Estate AG

Capital/Financing Update • Jun 30, 2014

News Details

Corporate | 30 June 2014 17:48

ESTAVIS AG: 9.25 % corporate bond 2013 / 2018 (ISIN DE000A1X3Q99 – WKN A1X3Q9) – Put-notice pursuant to § 8, Sec. 1 of the bond Terms and Conditions

DGAP-News: ESTAVIS AG / Key word(s): Bond/Miscellaneous

30.06.2014 / 17:48

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ESTAVIS AG, Uhlandstrasse 165, 10719 Berlin, Germany, registered in the
commercial register at the District Court of Charlottenburg under HRB
103691, (hereinafter "ESTAVIS" or the "Issuer") announces in regard to § 8,
Sec. 1, Terms and Conditions, for its 9.25 % corporate bond 2013 / 2018
(ISIN DE000A1X3Q99 - WKN A1X3Q9) as follows (the "Put Notice"):

ADLER Real Estate Aktiengesellschaft, Neuer Wall 77, 20354 Hamburg,
Germany, registered in the commercial register at the District Court of
Frankfurt am Main under HRB 7287, acquired more than 50 % of the voting
rights in the Issuer by way of a voluntary public takeover offer on 24 June
2014. This means that a change of control pursuant to § 8, Sec. 1, Terms
and Conditions, has occurred.

Pursuant to § 8, Sec. 1, Terms and Conditions, each Noteholder shall have
the right to require the Issuer to redeem or, at the Issuer's option,
purchase (or procure the purchase by a third party) in whole or in part his
Notes at the Early Redemption Amount (the "Put Option"). An exercise of the
Put Option shall, however, only become valid if during the Put Period
Noteholders of Notes with a Principal Amount of at least 30 % of the
aggregate Principal Amount of the Notes then outstanding have exercised the
Put Option.

The exercise of the Put Option must be declared by the Noteholder within 30
(thirty) days after a Put Event Notice has been published (the "Put
Period") to the Depositary Bank of such Noteholder in writing (the "Put
Notice"). The Issuer shall redeem or, at its option, purchase (or procure
the purchase of) the relevant Note(s) on the date (the "Put Redemption
Date") 7 (seven) days after the expiration of the Put Period unless
previously redeemed or purchased and cancelled. The settlement will be
executed through Clearstream. A Put Notice, once given, shall be
irrevocable for the Noteholder.

Berlin, in June 2014

ESTAVIS AG
- The Management Board -

Contact:
ESTAVIS AG
Investor & Public Relations
Tel: + 49 30 887 181 799
E-Mail: ir@estavis.de

End of Corporate News

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30.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ESTAVIS AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: info@estavis.de
Internet: http://www.estavis.de
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

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