Accentro-AG-Immobilien-Unternehmen-News
24 12 2013

ESTAVIS AG Opts for Cash Capital Increase

24.12.2013 10:37

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.

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Berlin, 19 December 2013 - Having obtained the Supervisory Board's consent,
the Management Board of ESTAVIS AG resolved today, to increase the
company's share capital by ten percent via a cash capital increase from
authorised capital. Within the framework of the capital increase, about 1.8
million shares at a price of EUR 2.00 per share will be placed while
excluding the shareholders' subscription rights. The capital increase has
already been fully subscribed by Wecken & Cie. KG. The company will collect
issuing proceeds totalling approximately EUR 3.6 million as a process of
the capital increase.

The Management Board
- End of communiqué for immediate release -

About ESTAVIS:
Estavis AG is a listed property company focusing on residential real
estate. The company selectively acquires residential portfolios with the
intention of holding these assets long-term. Accentro, a subsidiary of
Estavis and the Group's other mainstay, is the market leader in housing
privatisation services in Germany. Estavis AG is headquartered in Berlin
and is listed on the Prime Standard of the Frankfurt Stock Exchange (German
Securities Code Number [WKN]: A0KFKB).

Contact:
ESTAVIS AG
Investor & Public Relations
Tel: + 49 30 887 181 799
E-mail: ir (at) estavis.de

Contact:
ESTAVIS AG - Investor & Public Relations - Tel: + 49 30 887 181 799 -
E-Mail: ir (at) estavis.de

24.12.2013

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Language:    
English

Company:      
ESTAVIS AG
Uhlandstr. 165
10719 Berlin
Germany
Phone:
+49 (0)30 - 887 181 - 0
Fax:          
+49 (0)30 - 887 181 - 11
E-mail:      
info (at) estavis.de
Internet:    
http://www.estavis.de

ISIN:
DE000A0KFKB3

WKN:
A0KFKB

Listed:
Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement                             DGAP News-Service

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