12.11.2015

LEG successfully places capital increase for cash

LEG Immobilien AG  / Key word(s): Capital Increase

12.11.2015 21:40

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

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Ad hoc announcement according to § 15 WpHG

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER
RESTRICTIONS ARE APPLICABLE.

Dusseldorf, 12 November 2015

LEG successfully places capital increase for cash

  - 4,510,000 new shares issued

  - Placement price of EUR 68.00 per share 

  - Gross proceeds of EUR 306.7 million to finance announced portfolio
    acquisition

LEG Immobilien AG has successfully placed the capital increase for cash
announced this evening. As announced, a total of 4,510,000 no-par value
registered shares were issued to institutional investors by way of an
accelerated bookbuilding offering, each representing EUR 1.00 of the share
capital, under exclusion of shareholders' pre-emption rights. The issue
price was EUR 68.00 per share, resulting in gross proceeds of EUR 306.7
million. The net proceeds will be used for the purchase of a portfolio of
approximately 13,800 residential units in North Rhine-Westphalia as
announced at the beginning of November.

Disclaimer 
These materials may not be published, distributed or transmitted in the
United States, Canada, Australia, Japan or South Africa. 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 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. There
will be no public offering of the Shares in the United States.

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.


12.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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.ag
ISIN:         DE000LEG1110
WKN:          LEG111
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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