HAMBORNER REIT AG — Capital/Financing Update 2012

Jun 29, 2012

News Details

Ad-hoc | 29 June 2012 08:16

HAMBORNER REIT AG: HAMBORNER REIT AG resolves upon capital increase though the issue of up to 11,373,333 new shares

HAMBORNER REIT AG / Key word(s): Capital Increase/Corporate Action

29.06.2012 08:16

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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Ad hoc-Notification pursuant to Section 15 WpHG

HAMBORNER REIT AG, Goethestrasse 45, 47166 Duisburg, 29 June 2012

HAMBORNER REIT AG resolves upon capital increase though the issue of up to
11,373,333 new shares

The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States of America, Canada,
Japan or Australia.

The management board of HAMBORNER REIT AG has resolved today with the
consent of the supervisory board to increase the share capital against cash
contributions with subscription rights for shareholders of the company. The
share capital will be increased by making use of the authorised capitals
through the issue of up to 11,373,333 new, no par value bearer shares
against cash contributions. The new shares will have a notional value of
EUR 1.00 each and carry full dividend rights from 1 January 2012. In
accordance with the subscription ratio of 3:1, shareholders may subscribe
one new share at the subscription price for three existing shares. The
subscription price per new share is EUR 6.50.

The company intends to use the proceeds of the offering to finance the
further expansion of HAMBORNER. In particular, the proceeds will be used to
provide financing for the acquisition of additional properties in
accordance with HAMBORNER's investment strategy as well as to increase its
strategic flexibility with respect to future acquisitions. As a result, the
net proceeds from the offer of the new shares are intended to strengthen
HAMBORNER's capital base and financial soundness.

Joh. Berenberg, Gossler & Co. KG acting as Sole Global Coordinator and
together with Kempen & Co N.V. acting as Joint Bookrunners will subscribe,
subject to certain conditions, for the new, up to 11,373,333 shares at the
notional value (rechnerischer Nennwert) of EUR 1.00 per share and offer
them for subscription to the shareholders of the Company during the
subscription period from, and including, 3 July 2012 to, and including, 16
July 2012 according to the subscription ratio at the subscription price.
The subscription offer is expected to be published on 2 July 2012.

The subscription rights for the new shares are expected to be traded in the
period from 3 July 2012 up to and including 12 July 2012 in the regulated
market of the Frankfurt Stock Exchange.

Any new shares not subscribed will be offered after expiry of the
subscription period by way of a private placement to qualified investors
within and outside of the Federal Republic of Germany.

The commencement of trading of the new shares on the regulated market of
the stock exchanges of Frankfurt, Berlin, Düsseldorf, Hamburg, Munich and
Stuttgart is expected to start on 20 July 2012.

With respect to the further details of the offering and risks relating to
the offer reference is made to the prospectus required for the public
offering and the admission to trading of new shares. The prospectus will be
published inter alia on the website www.hamborner.de.

HAMBORNER REIT AG - The Management Board

This publication constitutes neither an offer to sell nor a solicitation to
buy or subscribe to securities. Any such offer will be made solely on the
basis of the Securities Prospectus to be published and registered with the
German Financial Supervisory Authority (BaFin) and the rights offering. The
information legally required to be provided to investors is contained only
in the Securities Prospectus.

The information contained herein is not for distribution, directly or
indirectly, in or into the United States of America (including its
territories and possessions or any State of the United States of America or
the District of Columbia) and must not be distributed to U.S. persons (as
defined in Regulation S under the U.S. Securities Act of 1933, as amended
('Securities Act')) or publications with a general circulation in the
United States of America. This publication does not constitute or form part
of any offer or solicitation to purchase or subscribe for securities in the
United States of America. The Securities have not been and will not be
registered under the Securities Act and may not be offered or sold in the
United States of America absent registration or an exemption from
registration under the Securities Act, as amended. The Issuer does not
intend to register any portion of the offering in the United States of
America or to conduct a public offering of the Securities in the United
States of America.

This publication is not an offer of securities for sale in the United
Kingdom, Canada, Japan or Australia.

29.06.2012 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: HAMBORNER REIT AG
Goethestraße 45
47166 Duisburg
Germany
Phone: 0203/54405-0
Fax: 0203/54405-49
E-mail: info@hamborner.de
Internet: www.hamborner.de
ISIN: DE0006013006
WKN: 601300
Indices: SDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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