Share Issue/Capital Change • Jul 6, 2010
Share Issue/Capital Change
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Corporate | 6 July 2010 08:33
VIB Vermögen AG: Beverages unit BHB Brauholding Bayern-Mitte AG successfully completes its capital increase
VIB Vermögen AG / Miscellaneous
06.07.2010 08:33
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
Neuburg/Danube, 6th July 2010 - VIB Vermögen AG, a company specializing in
commercial property management, has taken an important step towards a
further focusing of its business activities. The second-tier subsidiary BHB
Brauholding Bayern-Mitte AG (WKN A1CRQD / ISIN DE000A1CRQD6), a beverages
holding company that is active primarily in the south of Germany, has
successfully completed its capital increase via a public offering of
shares. A total of 1,600,000 new shares were placed at a price of EUR 2.80
per share. The capital increase was well oversubscribed. BHB Brauholding AG
plans to use the gross proceeds of EUR 4.48 million to accelerate its
regional expansion. Initial listing of BHB Brauholding AG in OTC trading
(m:access) at Munich Stock Exchange is scheduled for July 8, 2010.
VIB Vermögen AG owns shares in BHB Brauholding AG via its subsidiary
company BBI Bürgerliches Brauhaus Immobilien AG (BBI Immobilien AG).
Following the successful share issue, the stake held in BHB Brauholding AG
by BBI Immobilien AG will fall from 73.33% to 35.5%. A secondary placement
of shares did not take place. As the Group's interest has now fallen below
the 50% threshold, BHB Brauholding AG will no longer be consolidated at
Group level and will not have to provide a financial report on the segment
in future. As a result, VIB Group financial reports will in future
concentrate solely on the real-estate business.
Ludwig Schlosser, CEO of VIB Vermögen AG, is proud that the capital
increase has been completed successfully. 'In spite of this difficult
capital market situation, we were able to bring BHB Brauholding AG onto the
stock market. This shows that our confidence in the positive development of
the brewery holding Group is shared by investors.'
Fellow board member Peter Schropp also drew particular attention to the
level of interest from regional investors. 'We are pleased that there are
many investors from the region who will identify with the company and value
the excellent products.' He also views the future deconsolidation of the
beverages segment as an advantage for both business areas. 'The VIB Group
will in future report on properties, and BHB Brauholding AG on beverages.
This creates clarity and a high degree of transparency for both segments,'
added Schropp, in a summary of how financial reports will be structured in
future.
Profile of VIB Vermögen AG (incl. BBI Immobilien AG)
VIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized real
estate holding company, whose investments focus on commercial properties in
Southern Germany. Formed as a partnership in 1993, VIB Vermögen AG was
transformed to become an Aktiengesellschaft (German public limited company)
in 2000. Since then, the company has developed core competences in the
acquisition and management of its own properties and participating
interests in companies with real estate portfolios.
The VIB Group pursues a buy-and-hold strategy. It both acquires properties
for its own portfolio and also acquires existing properties.
The VIB Group's real estate portfolio includes various logistics properties
and industrial facilities, shopping and specialist retail centers as well
as commercial and service centers. The VIB Group generates sustainable
rental returns with a total rental area of approx. 645,000 m².
Disclaimer
This press release is neither an offer for sale nor an instruction to buy
securities of BHB Brauholding AG. The offer is made exclusively by and
based on the authorized and published securities offering prospectus of BHB
Brauholding AG. Any investment decision regarding the publicly offered
securities of BHB Brauholding AG should only be based on the securities
offering prospectus. The securities offering prospectus can be obtained
from BHB Brauholding AG's Web site (http://bhb-ag.de) in the Investor
Relations section and from BHB Brauholding AG's registered office,
Manchinger Str. 95, 85053 Ingolstadt, and from the syndicate bank Baader
Bank AG.
This document is not an offer to buy securities in Germany, the United
States of America (USA) or any other countries. Securities may only be sold
or offered for sale in the United States of America after prior
registration according to the provisions of the U.S. Securities Act of 1933
in the current applicable version or without registration only as a result
of an exceptional regulation. BHB Brauholding AG does not intend to
register the offer or a part thereof in the USA or to perform a public
offer in the USA.
This document is neither an offer for sale nor an instruction to buy
securities to the general public. This notice is only directed to persons
that (i) are outside the United States of America or (ii) have experience
with the investment industry within the meaning of Article 19 (5) of the UK
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(in its current version (the 'Order') or (iii) are covered by Article 49
(2) (a) to (d) of the Order ('high net worth companies, unincorporated
associations, etc.') (all of these persons are hereinafter referred to as
'Relevant Persons'). Any persons who are not Relevant Persons may not act
based on this notice or its content or trust in this. Any investment or
investment activities that are based on this notice are only available to
Relevant Persons and will only be performed with Relevant Persons.
Contact
Investor relations:
VIB Vermögen AG
Petra Riechert
Luitpoldstr. C70
86633 Neuburg/Danube
Germany
Phone: + 49 (0)8431 504-952
Fax: + 49 (0)8431 504-973
E-Mail: [email protected]
cometis AG
Tobias Bürger
Unter den Eichen 7
65195 Wiesbaden
Germany
Phone: +49 (0)611 205855-24
Fax: +49 (0)611 205855-66
E-Mail: [email protected]
06.07.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: VIB Vermögen AG
Luitpoldstraße C 70
86633 Neuburg/Donau
Deutschland
Phone: +49 (0)8431 / 504-952
Fax: +49 (0)8431 / 504-973
E-mail: [email protected]
Internet: www.vib-ag.de
ISIN: DE0002457512
WKN: 245751
Listed: Freiverkehr in Berlin, Düsseldorf, München (m:access),
Hamburg, Stuttgart; Open Market in Frankfurt
End of News DGAP News-Service
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