28.02.2017
Baader Bank AG DE0005088108
DGAP-News: Baader Bank successfully manages the capital increase of Corestate Capital Holding S.A. as joint bookrunner
DGAP-News: Baader Bank AG / Key word(s): Incoming Orders/Miscellaneous
Baader Bank successfully manages the capital increase of Corestate Capital
Holding S.A. as joint bookrunner
28.02.2017 / 16:59
The issuer is solely responsible for the content of this announcement.
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Baader Bank successfully manages the capital increase of Corestate Capital
Holding S.A. as joint bookrunner
Acting as joint bookrunner, Baader Bank successfully executed the capital
increase of Corestate Capital Holding S.A. last Thursday.
Within the framework of an accelerated bookbuilding process, 996,318 new
shares (representing about 7.9% of the previous capital stock) were placed
with institutional investors within a few seconds for a price of EUR 22.80
per share. The subscription right of previous shareholders was excluded. In
the multiply oversubscribed transaction with an overall volume of EUR 22.7
million, Baader Bank encountered strong interest particularly among
investors from Germany, Austria, and Switzerland, as well as the United
Kingdom and Scandinavia.
The Luxembourg real estate investment manager and co-investor Corestate
Capital Holding S.A. intends to use the issue proceeds for "warehousing",
meaning the temporary acquisition of real estate for the purpose of
converting it into investment products for clients.
Contact
Florian E. Schopf
T+49 89 5150 1013
Susanne Stickler
T +49 89 5150 1879
[email protected]
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28.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Phone: +49 89 5150 1013
Fax: +49 89 5150 29 1880
E-mail: [email protected]
Internet: www.baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate
Exchange; Open Market in Frankfurt
End of News DGAP News Service
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548601 28.02.2017
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