Accentro Real Estate AG

Capital/Financing Update • May 26, 2014

News Details

Corporate | 26 May 2014 09:53

ESTAVIS AG: Announcement of Change of Control

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

26.05.2014 / 09:53

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Berlin, 26 May 2014 - In 2012, ESTAVIS AG issued a convertible bond (ISIN:
DE000A1PHDA3) that will mature in June 2017. The issuer has announced
pursuant to Art. 14, Sec. 1, Bond Terms, that a change of control has taken
place as of the expiration of the acceptance period concerning the offer
submitted to the shareholders of Estavis AG by Adler Real Estate AG as
result of an acceptance rate exceeding 30 percent.

The creditors of convertible bond 2012/2017 (ISIN DE000A1PHDA3) now have
the right either to demand redemption of their convertible bonds or to
convert them into shares of Estavis until 08 July 2014 (effective date).
Pursuant to Art. 14, Sec. 1, Bond Terms, the conversion price was lowered
from Euro 2.40 to Euro 2.0861. Each convertible bond certificate submitted
will be converted into 1.1504 shares of Estavis AG.

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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26.05.2014 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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