ERWE Immobilien AG
Ansprechpartner: Christian Hillermann
Tel.: +49 69 96376869 23


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Public disclosure of inside information according to article 17 MAR

ERWE Immobilien AG: ERWE Immobilien AG plans increase of share capital to finance further growth


Publication of insider information according to Article 17 MAR of the Regulation (EU) No 596/2014

ERWE Immobilien AG plans increase of share capital to finance further growth

* Offering of up to 1,656,292 new shares to qualified investors excluding subscription rights by way of accelerated bookbuilding
* Capital increase allows capturing attractive acquisition opportunities

Frankfurt/M., 19 July 2021. The board of Management of ERWE Immobilien AG (ISIN DE000A1X3WX6), Frankfurt/M., has decided today with the approval of the Supervisory Board to conduct a capital increase against cash payment, partially utilizing the authorized capital 2019.

In the course of the capital increase, the share capital shall be increased by a nominal amount of up to EUR 1,656,292 (corresponding to 10% of the present share capital) against cash payment. The new shares will be offered exclusively to qualified investors in Germany in a private placement by way of an accelerated bookbuilding, excluding subscription rights according to § 186 Para 3 Sentence 4 AktG.

The final volume of the capital increase as well as the placement price of the new shares will be determined by the management board with approval from the supervisory board upon conclusion of the accelerated bookbuilding process and are expected to be announced on July 20.

The proceeds from the capital increase will be used to finance the acquisition of further mixed-use properties and hence support the growth strategy of the company. Following extensive due diligence work, a number of properties have been identified that - following a fitting revitalization - offer scope of significant value appreciation and a strong in-crease in profitability.

The major shareholders of the company, Axel Harloff and Rüdiger Weitzel, both members of the board of management of ERWE Immobilien AG, as well as Elbstein AG support the transaction by participating in the placement.

The new shares are entitled to share in profits from January 1, 2021. They will be released for trading at the Frankfurt Stock Exchange without a prospectus and are expected to be included in the existing quotation at or around July 22, 2021. To ensure timely delivery of the new shares, a major shareholder has entered into a stock lending contract which will be redeemed with the new shares from the capital increase.

The transaction will be managed by DONNER & REUSCHEL AG who will act as Sole Bookrunner.

The Management Board

Important information:

This publication constitutes neither an offer to sell nor a solicitation of an offer to buy or subscribe for any securities. Neither this publication nor any information included therein may serve as basis for any offer or obligation in any legal system or as basis for such an offer or obligation. The distribution of this publication may be subject to legal restrictions in certain countries. Persons into whose possession this publication comes are requested to inform themselves about and to observe such restrictions. The fai-lure to comply with such restrictions may constitute a violation of the security laws of such jurisdic-tions.

This publication does not constitute an offer of securities for sale or a solicitation of an offer to purch-ase securities in the United States of America. The securities referred to herein have not and will not be registered under the United States Securities Act of 1933 in the current applicable version (the "Securi-ties ACT"), or within any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States except pursuant to an excemption from the registration requirements of the Securities Act and any applicable securities laws of any state or other jurisdiction of the United States. No public offering of shares of ERWE Immobilien AG will be made in the United States.

In member states of the European Economic Area (EEA), any following offer is exclusively directed toward qualified investors in terms of the regulation (EU) 2017/1129 of the European Parliament and European Council from 14 June 2017 (in its amended version, the "Prospectus Regulation").

This publication includes forward-looking statements that are based on the current views and assumptions tot he best knowledge of the management board of ERWE Immobilien. Forward-looking statements are subject to inherent risks and uncertainties and other factors that may lead to revenues, profitability, the achievement of targets and business results to come in materially different than mentioned specifically or implicitly in this publication. Therefore, investors should not place trust on such forward looking statements. ERWE Immobilien AG accepts no liability for the accuracy of such forward-looking statements and will not update them according to future results and developments.

ERWE Immobilien AG focuses on developing a highly profitable mixed-use commercial real estate portfolio in the office, retail, hotel and residential segments. Its preferred sites involve promising down-town locations in German cities and exclusively prime locations in smaller towns and municipalities. ERWE acquires properties whose potential value growth can be sustainably exploited by introducing new utilisation concepts. This way, the company aims to build a highly profitable and valuable portfolio with substantial revenue growth. ERWE Immobilien AG is listed in the Regulated Market (Prime Standard) in Frankfurt and in open trading on the stock exchanges in Frankfurt am Main (XETRA), Berlin, Düsseldorf and Stuttgart (ISIN: DE000A1X3WX6).

Contacts for enquiries:

german communications AG
Jörg Bretschneider
Milchstr. 6 B
20148 Hamburg
T. +49-40-4688330, F. +49-40-46883340

ERWE Immobilien AG
Hans-Christian Haas
Herriotstraße 1
60528 Frankfurt
T.+49-69-96 376 869-25, F. +49-69 96 376 869-30

emitter: ERWE Immobilien AG
Herriotstraße 1
60528 Frankfurt
contact person: Christian Hillermann
phone: +49 69 96376869 23
stock exchanges: regulated market in Frankfurt; free market in Dusseldorf, free market in Stuttgart; open market in Berlin
ISIN(s): DE000A1X3WX6 (share)
98.646 Abonnenten
199.850 Meldungen
82.552 Pressefotos


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