31.01.2013

LEG Immobilien AG: Issue price for one LEG share amounts to EUR 44.00

LEG Immobilien AG  / Key word(s): IPO

31.01.2013 19:28

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc announcement

Issue price for one LEG share amounts to EUR 44.00

Düsseldorf, January 31, 2013 - Today, LEG Immobilien AG, together with the
Selling Shareholders and the underwriting banks led by the Joint Global
Coordinators and Joint Bookrunners Goldman Sachs and Deutsche Bank, jointly
set the issue price for the LEG shares at EUR 44.00 per share. The value
was thus set in the middle of the price range of EUR 41.00 to 47.00. On the
basis of the set issue price, the LEG share was oversubscribed multiple
times. At this issue price the market capitalization of LEG would amount to
EUR 2.3 billion.

Taking over-allotment into account, a total of 30,453,980 shares will be
placed. The placement volume amounts to approximately EUR 1.2 billion, or
approximately EUR 1.3 billion assuming a full exercise of the greenshoe
option. The free float will total 57.5 percent if the greenshoe option is
exercised fully. Shares in LEG shall start trading on February 1 on the
regulated market (Prime Standard) of the Frankfurt Stock Exchange.

Of the shares on offer, 99.4 percent were allotted to institutional
investors and 0.6 percent to private investors. This allocation was
conducted in accordance with the 'Principles for the Allotment of Share
Issues to Private Investors' published by the Commission of Stock Exchange
Experts (Börsensachverständigenkommission) at the Federal Ministry of
Finance.

The Selling Shareholders as well as LEG have committed to a lock-up of six
months beginning on the first day of trading.

LEG Press Contact:

Manfred Neuhöfer

Tel. +49 211 45 68-325

E-Mail: manfred.neuhoefer@leg-nrw.de

These materials may not be published, distributed or transmitted in the
United States, Canada, Australia or Japan. These materials do not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities (the 'Shares') of LEG Immobilien AG (the 'Company') in
the United States, Germany or any other jurisdiction. The Shares of the
Company may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended (the 'Securities Act'). The Shares of the Company have not been,
and will not be, registered under the Securities Act.

This publication constitutes neither an offer to sell nor a solicitation to
buy securities. The securities have already been sold.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the 'Order') or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations, etc.) (all such persons together
being referred to as 'Relevant Persons'). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.


31.01.2013 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:      LEG Immobilien AG
              Hans-Böckler-Straße 38  
              40476 Düsseldorf
              Germany
Phone:        +49 (0) 211 / 4568 - 0
Fax:          +49 (0) 211 / 4568 - 261
E-mail:       
Internet:     www.leg-nrw.de
ISIN:         DE000LEG1110
WKN:          LEG111
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
 
Notierung vorgesehen / designated to be listed (Frankfurt, Prime Standard)
 
End of Announcement                             DGAP News-Service
 
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