DGAP-Adhoc: Deutsche Konsum REIT-AG plans the issuance of

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News Desk 2018

Sep 21, 2016 at 2:30 AM

DGAP-Adhoc: Deutsche Konsum REIT-AG plans the issuance of mandatory convertible bonds excluding the subscription right of shareholders.

Deutsche Konsum REIT-AG / Key word(s): Corporate Action 21.09.2016 08:13 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Notification of Insider Information according to art. 17 MAR Deutsche Konsum REIT-AG plans the issuance of mandatory convertible bonds excluding the subscription right of shareholders. Broderstorf, 21 September 2016 - The executive board of Deutsche Konsum REIT-AG (the "Company"), with the approval of the supervisory board, has passed a resolution in principle today to issue bonds with both a conversion option and a conversion obligation in the total amount of about EUR 14 million. The convertible bonds will have a denomination of EUR 1,000 per partial bond, a term of 2 years and a coupon of 0.25% p.a. They can be converted from the third month after issuance on, i.e. presumably from 27 December 2016 on, at an initial conversion price of EUR 8.50 per share. As a result, they are, subject to an adjustment of the conversion price, convertible into 1,660,000 shares of the Company. The convertible bond comes with a conversion obligation for the bondholders at maturity. The Company plans to use the proceeds from the issuance of the convertible bonds for further real estate purchases. The company is currently assessing the benefits of such prospective purchases. The main shareholder of the Company, Obotritia Capital KGaA, has committed to subscribe for and purchase the convertible bonds in their entirety. It has notified the Company that, simultaneously with the acquisition of the mandatory convertible bonds, it intends to sell up to 1.38 million shares of Deutsche Konsum REIT-AG which are currently in its own stock, at a price equal to the initial conversion price of EUR 8.50. The transaction will be accompanied by ODDO SEYDLER BANK AG. Deutsche Konsum is a REIT, that is specialized in retail properties of every day demand, and which has been listed on the Berlin Stock Exchange since December 2015. Since its listing, the Company has notarized further real estate purchase contracts and currently holds lettable surfaces of 188,000 square meters with an annualised yearly rent of EUR 13.8 million, spread over 34 properties. Issuer: Deutsche Konsum REIT-AG Seat of business: Försterweg 2 14482 Potsdam ISIN: DE000A14KRD3 WKN: A14KRD3 Stock Markets: Regulated Market in Berlin; Open Market in Frankfurt Disclaimer: This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities of Deutsche Konsum REIT-AG (the 'Company') in the United States or in any other jurisdiction. This announcement may not be published, distributed or transmitted, directly or indirectly, in or into the United States, Canada, Australia, Japan or South Africa. The securities 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 securities of the Company have not been, and will not be, registered under the Securities Act or under the applicable securities laws of Australia, Canada, Japan or South Africa. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Contact: Deutsche Konsum REIT-AG Frau Wencke Röckendorf Försterweg 2 14482 Potsdam Tel. +49 (0)331 / 74 00 76 - 510 21.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche Konsum REIT-AG Försterweg 2 14482 Potsdam Germany Phone: +49 (0)331 740076510 Fax: E-mail: wr@obocap.com Internet: www.deutsche-konsum.de ISIN: DE000A14KRD3 WKN: A14KRD Listed: Regulated Market in Berlin; Regulated Unofficial Market in Tradegate Exchange; Open Market in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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