DGAP-Adhoc: TLG IMMOBILIEN AG successfully places shares at 10.75 Euro


TLG IMMOBILIEN AG  / Key word(s): IPO

23.10.2014 23:15

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad Hoc Announcement

Pursuant to § 15 German Securities Trading Act 
(Wertpapierhandelsgesetz)

TLG IMMOBILIEN AG successfully places shares at EUR 10.75

Berlin, 23 October 2014 - Today, TLG IMMOBILIEN AG ("TLG" or the "Company")
and its Selling Shareholders (Lone Star Funds LSREF II East AcquiCo S.à
r.l., Luxemburg ("East AcquiCo") and Delpheast Beteiligungs GmbH & Co. KG
("Delpheast")) together with the syndicate banks, led by the Joint Global
Coordinators, J.P. Morgan and UBS Investment Bank, set the offer price for
the offered shares of TLG at EUR 10.75 per share (ISIN: DE000A12B8Z4/ WKN:
A12B8Z). At the offer price of EUR 10.75 per TLG share, TLG has a market
capitalization of EUR 659 million.

The offer consists of a placement of a total of 33,500,000 TLG shares,
including 9,302,326 newly issued bearer shares from a capital increase
against contribution in cash and 24,197,674 existing bearer shares from the
holdings of the Selling Shareholders (21,545,674 from the holdings of East
AcquiCo and 2,652,000 from the holdings of Delpheast). About 12.9 million
of the shares in the offering, representing c. 21 percent of TLG's share
capital after the IPO, were allocated to Mercantil Valores Agente de
Valores SA. This results, at the offer price, in a total offering size of
EUR 360 million. In addition, an over-allotment of 3,350,000 existing
bearer shares from the holdings of East AcquiCo will be made. In case the
syndicate banks exercise the greenshoe option in connection with such
over-allotment in full, the total number of sold TLG shares increases to
36,850,000 and the total offering size to EUR 396 million. Assuming full
allocation of the greenshoe option, Lone Star will hold a stake of
approximately 40 percent in the Company.

The gross proceeds from the sale of the new shares amount to EUR 100
million, and TLG will receive net proceeds of approximately EUR 95 million
(after deduction of those IPO expenses to be borne by the Company). TLG
shares will be traded for the first time on the Regulated Market (Prime
Standard) of the Frankfurt Stock Exchange on 24 October 2014 ("First Day of
Trading"). VICTORIAPARTNERS acted as independent IPO advisor to TLG.

TLG has undertaken vis-à-vis the syndicate banks that, within a period of
six months from the First Day of Trading, it will not, without the prior
consent of the Joint Global Coordinators implement a capital increase or
any comparable capital measures. East AcquiCo has also undertaken, for a
period of six months from the First Day of Trading, not to sell any of its
remaining TLG shares without the prior consent of the Joint Global
Coordinators.

Contact details
<pre>

Christoph Wilhelm                               Sven Annutsch
Corporate Communications                        Investor Relations
Phone: +49 30 2470 6355                         Phone: +49 30 2470 6089
Email: christoph.wilhelm@tlg.de                 Email: sven.annutsch@tlg.de


</pre>

Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to
buy any securities. The securities have already been sold.

These materials may not be published, distributed or transmitted in the
United States, Canada, Australia or Japan. These materials do not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities (the "Shares") of TLG IMMOBILIEN AG (the "Company") in
the United States, Germany or any other jurisdiction. The Shares of the
Company may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended (the "Securities Act"). The Shares of the Company have not been,
and will not be, registered under the Securities Act. Any sale in the
United States of the securities mentioned in this communication will be
made solely to "qualified institutional buyers" as defined in, and in
reliance on, Rule 144A under the Securities Act.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations, etc.) (all such persons together
being referred to as "Relevant Persons"). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.


23.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      TLG IMMOBILIEN AG
              Hausvogteiplatz 12
              10177 Berlin
              Germany
Phone:        030 - 2470 - 50
Fax:          030 - 2470 - 7337
E-mail:       kontakt@tlg.de
Internet:     www.tlg.de
ISIN:         DE000A12B8Z4
WKN:          A12B8Z
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
 
Notierung vorgesehen / Intended to be listed
 
End of Announcement                             DGAP News-Service
 
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