Gateway Real Estate AG: Gateway Real Estate AG plans measures to finance further growth and intends to increase its free float

Gateway Real Estate AG / Key word(s): Corporate Action/Real Estate
Gateway Real Estate AG: Gateway Real Estate AG plans measures to finance further growth and intends to increase its free float

05-Oct-2018 / 07:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

AD-HOC RELEASE

Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (market abuse regulation)

Gateway Real Estate AG plans measures to finance further growth and intends to increase its free float

Frankfurt, October 5, 2018. Gateway Real Estate AG (WKN: A0JJTG / ISIN: DE000A0JJTG7) (the "Company") plans, subject to market conditions, to issue new shares of up to 10 percent of the current share capital to finance future growth projects and to strengthen its balance sheet. Such placement could be combined with the sale of existing shares by the majority shareholder in order to further increase liquidity and the free float in the Company's shares. The Company generally aims at reaching a free float of 25 percent over a short-term period. Such increased free float could be the basis for seeking to uplist the Company's shares to the regulated market (Prime Standard) of the Frankfurt Stock Exchange if possible during the first quarter of 2019. No final decisions have been taken yet.


Contact
Jan-Hauke Jendrny
Head of Investor Relations and Strategy
Phone: +49 160 790 15 71
E-Mail: jan-hauke.jendrny@gateway-re.de


Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to buy securities.

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.

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 "Securities") of Gateway Real Estate AG (the "Company") in the United States, Germany or any other jurisdiction. The Securities 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 Securities 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.


05-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this
Back