DGAP-News: PREOS Real Estate AG has successfully carried out capital increase through non-cash contribution on a valuation basis of EUR 10.00 per share

Press Release

PREOS Real Estate AG has successfully carried out capital increase through non-cash contribution on a valuation basis of EUR 10.00 per share

Leipzig, 29 March 2019 - PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850), an active real estate investor focused on office properties, has successfully implemented the already announced capital increase against non-cash contributions (cf. ad hoc disclosure of 14.01.2019). TO-Holding GmbH and TO Holding 2 GmbH have contributed their shareholder loans granted in autumn 2018 in the amount of EUR 11 million each (plus accrued interest in the amount of around EUR 68,444 each) to PREOS. In return, a total of 2,213,688 new PREOS shares (at an issue price of EUR 1.00 per share) were issued to them on a valuation basis of EUR 10.00 per share. The value of the non-cash contributions beyond the issuing amount of the new shares is transferred to the capital reserve within the meaning of § 272 para 2 no. 4 HGB (German Commercial Code). The capital stock of PREOS increases to EUR 24,213,688, subdivided into the same number of no-par value bearer shares. The capital increase was entered in the Commercial Register on 18.02.2019. The new shares are being included in the existing listing in the open market segment m:access of the Munich stock exchange and can be traded immediately. With the capital increase PREOS strengthens its capital base in view of the further growth of the company and, moreover, reduces its annual interest expenses.

About PREOS Real Estate AG

PREOS Real Estate AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The company focuses its acquisitions on office buildings in German metropolitan areas, with potential to generate value through effective asset management. Developed properties are sold as suitable selling opportunities arise. The company's strategy is to significantly enlarge its real estate portfolio through acquisitions over the next few years. PREOS shares (ISIN DE000A2LQ850) are listed on the m:access open market segment of the Munich Stock Exchange (PAG.MU) as well as on Xetra (PAG.DE). The company is headquartered in Leipzig.

PREOS Real Estate AG
Landsteinerstraße 6
04103 Leipzig
Phone: +49 (0)341 261787-790
Email: info@preos.de

Investor & Public Relations
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone: +49 (0)69 905505-52
Email: preos@edicto.de

Disclaimer

This publication can include forward-looking statements. Forward-looking statements are all statements which do not relate to historical facts or events. This applies in particular to information concerning the company's intentions, convictions or current expectations with regard to its future financial earning capacity, plans, liquidity, perspectives, growth, strategy and profitability as well as the underlying economic conditions to which the company is exposed. The forward-looking statements are based on the company's current forecasts and estimates made according to its best judgement. Any such forward-looking statements are, however, subject to risks and uncertainties, as they are based on future events and assumptions which may not occur in the future. The company does not undertake to update or amend the forward-looking statements included in this publication, nor to reflect circumstances which occur after the date of this publication to the extent that these do not constitute insider information with a publication requirement.