DGAP-News: WESTGRUND Aktiengesellschaft / Key word(s): Miscellaneous WESTGRUND Aktiengesellschaft: 31.03.2015 / 10:49 --------------------------------------------------------------------- Westgrund AG: Stock index Westgrund included in SDAX - Result of growth, capital increase and higher free float Berlin, 31 March 2015 - Westgrund AG has been included in the SDAX by the German stock exchange (Deutsche Börse AG). The SDAX index comprises 50 smaller companies who follow those noted in the MDAX concerning market capitalisation and stock market turnover. Effective April 1, Westgrund AG thus belongs to the circle of the 130 most important quoted companies in Germany. Sascha Giest, Co-CEO and CFO of Westgrund AG, commented the decision: "We are proud to be included into the SDAX as it is an acknowledgement of our company's successful growth during the last few years. It also shows that we have not only progressed operationally, but are meanwhile also recognised in a completely different way by the capital markets." In 2014 Westgrund AG had roughly tripled revenues, earnings and market value of investment properties following the largest acquisition in the company's history. "It was the major growth step", said his management board colleague Arndt Krienen, "we have ever taken. And following one of our company's principles, we financed it to roughly one third through a capital increase." As a consequence, the number of shares outstanding has more than doubled. Moreover, in the course of the capital increase free float increased from formerly 20 percent to more than 50 percent, as large shareholders made room for new participations. Thus the fungibility of Westgrund shares increased and weight and perception of Westgrund AG in the capital market rose correspondingly. Contact: Dr. Rolf-Dieter Grass e-mail: grass@westgrund.de Phone: +49 30 2000 91429 Fax: +49 30 639619228 About Westgrund AG: Westgrund AG focusses on the acquisition, asset and property management of residential property. After the major acquisition of the company's history in 2014, the overall portfolio of residential estate more than tripled. The company is active in Germany only, with focus on the northern and eastern parts of the country. Westgrund AG invests predominantly in residential property in mid- and smaller-size cities with a stable socio-economic environment. The target group consists of tenants with medium to low income whom Westgrund offers affordable living space in standard quality. --------------------------------------------------------------------- 31.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: WESTGRUND Aktiengesellschaft Joachimsthaler Strasse 34 10719 Berlin Germany Phone: +49 30 2000 914 20 Fax: +49 30 639 619 228 E-mail: krienen@westgrund.de Internet: www.westgrund.de ISIN: DE000A0HN4T3 WKN: A0HN4T Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 339749 31.03.2015
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