12 06 2017

Adjustment of Conversion Price and Conversion Ratio for the 2014/2019 Convertible Bond (ISIN DE000A1YC4S6, WKN)

Berlin, 12 June 2017 – The Berlin-based company ACCENTRO Real Estate AG (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3) adjusted the conversion price and the conversion ratio for its 2014/2019 convertible bond (ISIN DE000A1YC4S6, WKN: A1YC4S). This was announced by Accentro on 12 June 2017.

Both the conversion price and the conversion ratio of the bond were adjusted because of the dividend in the amount of 0.15 euros per unit pursuant to Art. 11, Sec. 4 of the bond terms by the annual general meeting on 15 May 2017. Pursuant to Art. 16 of the bond terms, Accentro Real Estate AG hereby announces that as of 16 May 2017, the adjusted conversion price is 2.4655 euros (previously: 2.50 euros), and that the conversion ratio is therefore 1.0139 (previously: 1).

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a listed residential property company. Its core business consists of tenant-sensitive housing privatisations. The company's subsidiary ACCENTRO GmbH is the market leader for housing privatisation services in Germany. In addition to Berlin, current project and property locations include Leipzig, Hanover, Hamburg and – since July 2017 – Cologne.
ACCENTRO Real Estate AG has its registered office in Berlin and is listed on the Prime Standard of the Frankfurt Stock Exchange (German securities code number [WKN]: A0KFKB).

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