S IMMO AG considers possible cash capital increase by up to 10% of the share capital excluding shareholders’ subscription rights

Ad hoc notification

The Management Board of S IMMO AG (FN 58358x, ISIN AT0000652250) has decided today to potentially increase the company's share capital by up to 6,691,717 new shares under exclusion of the shareholders´ subscription rights for the purpose of potential growth financing by making partial use of the authorized capital (Sections 169 et seqq Austrian Stock Corporation Act [“AktG”]) resolved at the Annual General Meeting held on 03 May 2018; this corresponds to a possible increase of the share capital by up to EUR 24,314,353.72 (10% of the total share capital). The notice of publication of the required report of the Management Board, which will be available on the company´s website, shall be published in the Official Gazette (Amtsblatt) of the Wiener Zeitung on or around 31 December 2019.


In the event the capital increase against cash contributions takes place, the issue price of the new shares shall be determined by an accelerated bookbuilding procedure ("ABB"). The effective execution of the capital increase, the timing of a possible placement of shares as well as the conditions thereof will depend in particular on the capital market environment, the buying interest of investors and the approval of the Supervisory Board of the Company.


Disclosure of an inside information acc. to Article 17 of the Market Abuse Regulation (EU) No 596/2014. It constitutes neither a financial analysis nor advice or recommendation relating to financial instruments, nor an offer, solicitation or invitation to buy or sell securities of S IMMO AG.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada or Japan, or any other jurisdiction in which such offer or solicitation may be unlawful. The securities may not be offered or sold in the United States, absent registration or an exemption from the registration requirements of the US Securities Act of 1933, as amended (the “Securities Act”). The securities mentioned herein have not been, and will not be, registered under the Securities Act.