PRESS RELEASE: ADLER Real Estate AG: Subscription period for second convertible bond has started

PRESS RELEASE: ADLER Real Estate AG: Subscription period for second convertible bond has started

DGAP-News: ADLER Real Estate AG / Key word(s): Capital Reorganisation ADLER Real Estate AG: Subscription period for second convertible bond has started

10.12.2013 / 16:49

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ADLER Real Estate AG: Subscription period for second convertible bond has started

- Issue of up to 1.0 million convertible bonds

- Placement agreements for 2.0 million convertible bonds already concluded

- Issue price of EUR 3.75 per note

- Financing of investments in residential portfolios

Hamburg, 10 December 2013. The subscription period for the second convertible bond of ADLER Real Estate AG, Frankfurt/M., (ISIN DE0005008007) has started. Following the approval of the prospectus required for the rights offer, investors can subscribe for the company's convertible bond in the time from 10 December until 23 December 2013. Subject of the rights offer are 1,000,000 notes in bearer form. With respect to further altogether 2,000,000 notes in bearer form, placement agreements already exist with two investors, to whom a corresponding number of subscription rights, conditional to the start of the rights offer, have been transferred by shareholders of the company.

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PRESS RELEASE: ADLER Real Estate AG: Subscription period for second convertible bond has started

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