Velero Immobilien AG: Private Placement

Berlin (pta031/21.10.2020/16:00 UTC+2) Due to current market conditions, Velero Immobilien AG (the "Company") today decided not to continue the planned private placement of newly issued shares and listing on the Frankfurt Stock Exchange for the time being.

The Company is still aiming for a private placement and stock exchange listing once market conditions improve.

*************
Contact Information
For investors: Velero Immobilien AG
Management Velero Immobilien AG
Telephone: +49 30 213 00 1900
Email: info@velero.ag

For media: Feldhoff & Cie. GmbH
Jürgen Heres
Telephone: +49 176 60 73 86 82
Email: jh@feldhoff-cie.de

Disclaimer
This announcement is an advertisement and not a prospectus.
This release is not for distribution, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia). These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The shares ("Shares") in the Company mentioned herein may not be offered or sold in the United States absent registration or an exemption from registration requirements under the U.S. Securities Act of 1933, as amended ("Securities Act") and in compliance with applicable state securities laws. The Shares have not been, and will not be, registered under the Securities Act and will not be offered or sold in the United States, except on the basis of applicable exemptions from registration. The Company has not been and will not be registered under the U.S. Investment Company Act of 1940 and investors will not be entitled to the protections of that Act. There will be no public offering of the Shares in the United States or anywhere else.

In the United Kingdom, this communication and, when effected, the Private Placement are and will be only addressed to, and directed at "qualified investors" as defined in the EU Prospectus Regulation (2017/1129), who are also (i) persons who have professional experience in matters relating to investments falling within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (ii) high net worth bodies corporate, unincorporated associations and partnerships and trustees of high value trust as described in Article 49(2) of the Order or (iii) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any person who is not a relevant person should not act or rely on this document or any of its contents.
Copies of this release are not being made and may not be distributed or sent into the United States or to a U.S. Person or into Canada, Australia, Japan or South Africa.

This release contains forward-looking statements. Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate," "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology. These statements are based on the current views, expectations, assumptions and information of the Company's management, and are based on information currently available to the management. Forward-looking statements shall not be construed as a promise for the materialization of future results and developments and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment (including due to the COVID-19 pandemic), risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company, and other factors. Neither the Company nor any of its affiliates nor the Joint Bookrunners assume any obligations to update any forward-looking statements. Each of the Company and the Joint Bookrunners and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any forward looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

The Joint Bookrunners are acting exclusively for the Company and no one else in connection with the planned private placement and listing. It will not regard any other person as their respective clients in relation to the planned private placement and listing and will not be responsible to anyone other than the Company for providing the protections afforded to its clients, nor for providing advice in relation to the planned private placement and listing, the contents of this announcement or any transaction, arrangement or other matter referred to herein. In connection with the private placement, the Joint Bookrunners and its affiliates may take up a portion of the shares offered in the planned private placement as a principal position and in that capacity may retain, purchase, sell, offer to sell for their own accounts such shares and other securities of the Company or related investments. In addition the Joint Bookrunners either solely or collectively and its affiliates may enter into financing arrangements (including swaps or contracts for differences) with investors in connection with which the Joint Bookrunners and its affiliates may from time to time acquire, hold or dispose of shares of the Company. The Joint Bookrunners do not intend to disclose the extent of any such investment or transactions, other than in accordance with any legal or regulatory obligations to do so. None of the Joint Bookrunners or any of its directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this release (or whether any information has been omitted from the release) or any other information relating to the Company, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this release or its contents or otherwise arising in connection therewith.

(end)

Emitter:	Velero Immobilien AG Kantstraße 153 10623 Berlin Germany
Contact Person:	Sascha Giest
Phone:	+49 30 213 0019-00
E-Mail:	giest@velero.ag
Website:	www.velerowohnen.de
ISIN(s):	DE000A3H21V1 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt