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DGAP-Adhoc: ISARIA Wohnbau AG Acquires Hamburg-Bas

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Post# of 301275
Posted On: 07/14/2013 12:15:18 PM
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Posted By: News Desk 2018
DGAP-Adhoc: ISARIA Wohnbau AG Acquires Hamburg-Based 'One Group'

ISARIA Wohnbau AG / Key word(s): Acquisition/Capital Increase 14.07.2013 18:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Communiqué for Immediate Release ISARIA Wohnbau AG Acquires Hamburg-Based 'One Group' Munich, 14 July 2013 - ISARIA Wohnbau AG in Munich just signed an agreement to acquire the company One Group GmbH in Hamburg. The acquisition is to be finalised before the end of 2013. The supervisory board of ISARIA Wohnbau AG approved the acquisition today. Formed in 2009, One Group is an issuing house for project development funds. In the future, these will invest in Munich in the project pipeline of ISARIA Wohnbau AG. In other German cities, One Group will continue to cooperate with other project developers. In addition, ISARIA and One Group plan to work together in other business lines, too. The acquisition will be transacted within the framework of an increase in kind, and will involve the issuance of up to 3 million new shares by ISARIA Wohnbau AG - End of communiqué for immediate release - About ISARIA Wohnbau ISARIA Wohnbau AG is one of the leading project developers for residential construction in Munich. Formed in 1995, the company has been listed on the Prime Standard of Deutsche Börse since 2010. The spectrum of projects realised extends from multi-unit houses, to terrace housing, and all the way to the revitalisation of existing buildings, enabling ISARIA Wohnbau to provide residential real estate to suit the requirements of diverse customer target groups either for owner-occupation or as equity investment. For details go to: www.isaria-wohnbau.de Company contact ISARIA Wohnbau AG Leopoldstrasse 8 | D-80802 Munich Tel.: +49 (0)89 38 99 84-0 | Fax: +49 (0)89 38 99 84-770 E-mail: info@isaria-wohnbau.de | Web: www.isaria-wohnbau.de 14.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ISARIA Wohnbau AG Leopoldstra�e 8 80802 München Germany Phone: +49 (0)89 38 99 84-0 Fax: +49 (0)89 38 99 84-760 E-mail: info@isaria-wohnbau.de Internet: www.isaria-wohnbau.de ISIN: DE000A1E8H38 WKN: A1E8H3 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------



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