DGAP-Ad-hoc: Corestate Capital Holding S.A. / Key word(s): Capital Increase Corestate Capital Holding S.A.: CORESTATE Capital Holding S.A.: Approval of a capital increase of up to EUR 74,723.86 by the issuance of up to 996,318 new shares; placement of shares by way of an accelerated bookbuilding process 23-Feb-2017 / 17:41 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Public disclosure of inside information pursuant to Article 17 para. 1 of the Regulation (EU) No. 596/2014 on market abuse (Market Abuse Regulation "MAR") NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. CORESTATE Capital Holding S.A.: Approval of a capital increase of up to EUR 74,723.86 by the issuance of up to 996,318 new shares; placement of shares by way of an accelerated bookbuilding process On February 23, 2017 the Management Board of CORESTATE Capital Holding S.A. (the "Company") resolved to increase the company's share capital from authorized capital against cash contributions from EUR 945,801.14 by a nominal amount of up to EUR 74,723.86 (corresponding to approximately 7.9 % of the current share capital) to up to EUR 1,020,525.00 by issuing up to 996,318 new ordinary shares (the "New Shares"). The pre-emptive rights of the Company's existing shareholders have been cancelled. The New Shares are entitled to dividends as of January 1, 2016 and rank pari passu with the existing shares of the Company. The Company's supervisory board has approved the transaction. The offering will be launched today via an accelerated bookbuilding process and the New Shares will be offered exclusively in a private placement to domestic and international institutional investors outside the United States. The Company has agreed to a customary lock-up of 90 days after the inclusion of the New Shares to trading. The New Shares are expected to be included to trading in the Entry Standard segment of the Frankfurt Stock Exchange shortly after the successful completion of the capital increase, on or around February 27, 2017. Starting on March 1, 2017, the Company expects its shares to be traded in the newly created market segment "Scale" of the Frankfurt Stock Exchange, which will replace the Entry Standard segment as of March 1, 2017. The final placement volume, placement price and the proceeds from the capital increase will presumably be announced in the course of tomorrow following completion of the accelerated bookbuilding procedure. The Company reserves the right to close the books at any time. The Company intends to use the proceeds from the capital increase for warehousing purposes, i.e. the acquisition of certain real estate assets on its own account prior to converting them into investment products for its clients. IR Contact Henryk Deter / Mirko Koch Phone: +49 611 20585540 / [email protected] PR Contact Tom Zeller Phone: +49 69 264867715 / Cell phone: +49 176 10430063 / [email protected] About CORESTATE Capital Holding S.A. CORESTATE Capital Holding S.A. (CORESTATE) is a real estate investment manager and co-investor with EUR 16bn* in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 26 offices including in Dusseldorf, Frankfurt, Madrid, Singapore and Zurich. The company employs over 390 people and is listed on the Frankfurt Stock Exchange. Further information is available at www.corestate-capital.com. *The completion of the Hannover Leasing Group transaction is still subject to the conclusion of ownership control procedures by the Federal Financial Supervisory Authority, BaFin Legal notice These materials may not be published, distributed or transmitted in the United States of America ("United States"), Canada, Australia, Japan, South Africa or any other jurisdiction in which the distribution or release would be unlawful. This publication constitutes neither an offer to sell nor a solicitation of an offer to purchase securities of the Company in the United States or any other jurisdiction. The shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the Securities Act. In the United Kingdom, this publication is directed only at persons who: (i) are qualified investors within the meaning of the Financial Services and Markets Act 2000 (as amended) and any relevant implementing measures and/or (ii) are outside the United Kingdom or (iii) have professional experience in matters relating to investments and fall within the definition of "investment professionals" contained in article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or are persons falling within article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or fall within another exemption to the Order (all such persons referred to in (i) to (iii) above together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this publication or any of its contents. Any investment or investment activity to which this publication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. -ENDS- --------------------------------------------------------------------------- 23-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Corestate Capital Holding S.A. 35 avenue Monterey L-2163 Luxembourg Grand Duchy of Luxembourg Phone: +352 (26) 637222 Fax: +352 (26) 637245 E-mail: [email protected] Internet: www.corestate-capital.ch ISIN: LU1296758029 WKN: A141J3 Listed: Regulated Unofficial Market in Berlin, Tradegate Exchange; Open Market in Frankfurt (Entry Standard) End of Announcement DGAP News Service --------------------------------------------------------------------------- 547277 23-Feb-2017 CET/CEST