CPI Europe AG — Share Issue/Capital Change 2015

Sep 15, 2015

News Details

Ad-hoc | 15 September 2015 18:14

IMMOFINANZ AG announces intention to offer 5 million shares in BUWOG AG by way of an accelerated bookbuilding

IMMOFINANZ AG / Key word(s): Real Estate

15.09.2015 18:14

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Further to the announcements on 1 September 2015 by IMMOFINANZ AG
("IMMOFINANZ") regarding the launch of an incentivized exchange offer, and
on 8 September that holders of 99.8% of the aggregate nominal amount of the
exchangeable bonds have accepted the offer, IMMOFINANZ announces its
intention to sell approximately 5 million ordinary shares (the "Placing
Shares") in BUWOG AG (the "Company"). The Placing Shares represent
approximately 5% of the Company's issued share capital and a portion of the
underlying shares of Bonds tendered pursuant to the cash option of the
exchange offer taking into account investor feedback. IMMOFINANZ will use
the proceeds of the placement to partially fund the payment to Bondholders
who have accepted the cash option of the exchange offer for IMMOFINANZ's
EUR 375 million bonds exchangeable into shares of the Company and who have
elected to receive cash pursuant to such offer. The remainder of the
exchange offer will be funded by available liquidity by IMMOFINANZ.

The Placing Shares are being offered by way of an accelerated bookbuilding
(the "Placement") to institutional investors, which will be launched
immediately following this announcement. Any of the Company's ordinary
shares held by IMMOFINANZ which are not sold in the Placement will be
subject to a 90 day lock-up (subject to (i) customary exceptions and (ii)
pledges of Shares by the Seller where such pledges are securing recourse
loan agreements)).

The final number of Placing Shares to be placed will be determined at the
closing of the bookbuilding process, and the results of the Placement will
be announced as soon as practicable thereafter.

Disclaimer:

This announcement does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in the United States, Australia, Canada, Japan or in any jurisdiction to
whom or in which such offer or solicitation is unlawful.

This release is not an offer of securities for sale in the United States of
America. Securities may not be offered or sold in the United States of
America absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended (the "Securities Act"). Any
securities referred to herein will not be and have not been registered
under the Securities Act. There will be no public offer of the securities
in the United States of America.

Subject to certain exceptions under the Securities Act, 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.

On IMMOFINANZ
IMMOFINANZ is a commercial real estate company whose activities are
currently focused on the retail, office and logistics segments of eight
core markets in Europe: Austria, Germany, Czech Republic, Slovakia,
Hungary, Romania, Poland and Moscow. The core business includes the
management and development of properties. The company has a real estate
portfolio of approx. EUR 6.7 billion that covers more than 470 properties.
IMMOFINANZ is listed on the stock exchanges in Vienna (leading ATX index)
and Warsaw. Further information under: http://www.immofinanz.com

For additional information contact:
Bettina Schragl
Head of Corporate Communications and Investor Relations
IMMOFINANZ
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com
investor@immofinanz.com

15.09.2015 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: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 1 88090 - 2291
Fax: +43 (0) 1 88090 - 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart;
Open Market in Frankfurt ; Wien (Amtlicher Handel / Official
Market)

End of Announcement DGAP News-Service

---