TLG IMMOBILIEN AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
TLG IMMOBILIEN AG
30.11.2017 / 17:41
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DIC Asset AG informed us in its own name and concurrently on behalf of, and under power of attorney by, each DIC Real Estate Investments GmbH & Co. Kommanditgesellschaft auf Aktien, Deutsche Immobilien Chancen AG & Co. Kommanditgesellschaft auf Aktien, Deutsche Immobilien Chancen Beteiligungs AG, DIC Grund- und Beteiligungs GmbH, DIC Capital Partners (Europe) GmbH, DICP Capital SE, GCS Verwaltungs GmbH and Mr. Prof. Dr. Gerhard Schmidt (together also 'Reporting Persons') pursuant to Sec. 27a(1) German Securities Trading Act (WpHG) on November 28, 2017 in connection with exceeding again (after having fallen below in between) the 15% threshold on November 03, 2017 and November 24, 2017, on the following:
The investment is used to implement strategic objectives.
Depending on market conditions, the share price and the business development of the issuer, the Reporting Persons intend to acquire or otherwise obtain further voting rights within the next twelve months.
The Reporting Persons do not intend to influence the composition of the issuer's management board. The Reporting Persons intend to influence the composition of the issuer's supervisory board in accordance with their shareholding.
The Reporting Person does not intend to change the issuer's capital structure, especially with regards to the ratio of internal/outside financing and the dividend policy.
Concerning the source of funds used to finance the acquisition of voting rights, own funds were used by the subsidiaries that acquired the voting rights. The acquisition of voting rights of the other Reporting Persons occurred as a result of the attribution of voting rights pursuant to Sec. 22 German Securities Trading Act (WpHG). Accordingly, neither equity nor debt was used.
30.11.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de