S IMMO AG: Exchange offer successfully closed

Corporate news

On 11 March 2015, stock exchange listed S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250, AT0000795737, AT0000630694, AT0000A19SB5, AT0000A177D2) published a voluntary public exchange offer with cash-alternative to the holders of S IMMO INVEST participating certificates, ISIN AT0000795737 and ISIN AT0000630694 for the purchase of S IMMO participating certificates by means of an alternative exchange and cash offer. The acceptance period ended on 31 March 2015.

The exchange offer with cash-alternative has been accepted in the acceptance period for 239,095 S IMMO participating certificates with ISIN AT0000795737 and for 236,674 S IMMO participating certificates with ISIN AT0000630694, in total therefore for 475.769 S IMMO participating certificates. This represents 42.08% of the total S IMMO participating certificate capital (ISIN: AT0000795737 / AT0000630694). From the acceptance declarations, a part of 84.35% is attributable to the exchange offer and a part of 15.65% to the cash-alternative.

Friedrich Wachernig, Member of S IMMO AG’s Management Board, comments: „We are delighted that so many of the owners of our participating certificates accepted our offer. This is another important step to simplify S IMMO’s capital structure.”

This announcement does not constitute an offer to purchase securities of S IMMO AG and constitutes no obligation for S IMMO AG to accept offers to repurchase securities of S IMMO AG and/or offers to purchase the 3.25% S IMMO bond 2015-2025. The exchange offer for the 3.25% S IMMO bond 2015-2025 is already closed.