02.08.2018 16:55:47

DGAP-Adhoc: CONSUS Real Estate AG: CONSUS Real Estate AG increases stale in CG Gruppe AG to 75 percent

DGAP-Ad-hoc: Consus Real Estate AG / Key word(s): Investment
CONSUS Real Estate AG: CONSUS Real Estate AG increases stale in CG Gruppe AG to 75 percent

02-Aug-2018 / 16:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Management and Supervisory Board of Consus Real Estate AG ("CONSUS", ISIN: DE000A2DA414) have resolved on increasing its stake in CG Gruppe AG from 59 Percent to 75 Percent on a fully diluted basis.

Key terms of the transaction are: (1) the issuance of 8,333,334 new no-par value ordinary bearer shares in CONSUS with issue price of 12.0 Euro/share under the exclusion of existing shareholders' subscription rights to the founder of CG Gruppe AG, Christoph Gröner, (2) the sole subscription of a mandatory convertible bond through CONSUS in CG Gruppe AG in the amount of 50 million Euro as well as through (3) the direct acquisition of shares in CG Gruppe AG in the amount c. 67 million Euro payable in stages.

The Company's issued share capital increases to 106,428,118 Euro or 8.5%.

Contact
Consus Real Estate AG
Jan-Philipp Ansorg
Corporate Finance & Investor Relations
j.-p.ansorg@consus.ag
About Consus Real Estate AG
Consus Real Estate AG ("CONSUS"), based in Berlin, Germany, through its subsidiary CG Gruppe AG, is a leading developer of residential real estate properties in the country's Top 9 cities. CONSUS focuses on and has a strong track record of institutional forward sales, digitalization and industrial mass production along the entire development value chain. The shares of CONSUS are listed in the Scale Segment of Deutsche Börse AG and in the m:access segment of the open market (Freiverkehr) of the Munich Stock Exchange (Börse München), and are traded via XETRA in Frankfurt.

02-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: CONSUS Real Estate AG
Kurfürstendamm 188-189
10707 Berlin
Germany
Phone: +49 (0)30 965 357 90 300
E-mail: info@consus.ag
Internet: www.consus.ag
ISIN: DE000A2DA414
WKN: A2DA41
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

710575  02-Aug-2018 CET/CEST

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