02.09.2019 LEG Immobilien AG  DE000LEG1110

DGAP-News: LEG Immobilien AG announces the exercise of its option to redeem its EUR 300 million 0.50 per cent Convertible Bonds due 2021


 

DGAP-News: LEG Immobilien AG / Key word(s): Bond/Bond
LEG Immobilien AG announces the exercise of its option to redeem its EUR 300 million 0.50 per cent Convertible Bonds due 2021

02.09.2019 / 07:54
The issuer is solely responsible for the content of this announcement.


NOTICE TO BONDHOLDERS

LEG Immobilien AG announces the exercise of its option to redeem its EUR 300 million 0.50 per cent Convertible Bonds due 2021

Düsseldorf, 2 September 2019: LEG Immobilien AG, Düsseldorf, (the "Company") issued EUR 300 million 0.50 per cent Convertible Bonds due 2021, ISIN DE000LEG1CB5, WKN LEG1CB (the "Bonds") on 10 April 2014. The Company hereby exercises its option to redeem for cash all the Bonds outstanding in accordance with § 5(b) of the Terms and Conditions of the Bonds on 4 October 2019 (the "Redemption Date"). The Share Price of the LEG Shares on XETRA was equal to or exceeded 130 per cent of the prevailing Conversion Price of EUR 51.5315 per Share on not less than 20 Trading Days during the period of 30 consecutive Trading Days from and including 22 July 2019 to and including 30 August 2019.

This notice of early redemption is being published in accordance with § 14 of the Terms and Conditions of the Bonds.

The Conversion Period ends, in accordance with § 1(d) of the Terms and Conditions of the Bonds, on 27 September 2019 at 4.00 p.m. (Frankfurt time). To the extent the Bonds have not been converted prior to the end of the Conversion Period, the Company will redeem the Bonds at their Principal Amount plus accrued interest on the Redemption Date. The Company does not intend to make any Cash Alternative Election in respect of conversions of the Bonds.

Disclaimer

This announcement does not constitute an offer to sell securities of LEG Immobilien AG in any jurisdiction.

This announcement and the information it contains are not being issued and may not be distributed in the United States of America. This announcement does not constitute an offer of securities for sale in the United States of America or to, or for the account or benefit of, any U.S. person or in any other jurisdiction. The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States of America or any other jurisdiction absent registration or an applicable exemption from registration.



02.09.2019 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.

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Language: English
Company: LEG Immobilien AG
Hans-Böckler-Straße 38
40476 Düsseldorf
Germany
Phone: +49 (0) 211 / 4568 - 0
Fax: +49 (0) 211 / 4568 - 261
Internet: www.leg.ag
ISIN: DE000LEG1110
WKN: LEG111
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 866835

 
End of News DGAP News Service

866835  02.09.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 795,80 766,90 809,40 860,80 960,40 1.149,40 1.240,90
EBITDA1,2 1.408,10 1.188,40 1.310,10 1.619,60 2.272,80 942,40 672,80
EBITDA-Marge3 176,94 154,96 161,86 188,15 236,65 81,99
EBIT1,4 1.398,90 1.178,30 1.294,00 1.535,30 2.254,70 628,10 -1.864,50
EBIT-Marge5 175,79 153,64 159,87 178,36 234,77 54,65 -150,25
Jahresüberschuss1 844,40 847,10 821,00 1.364,50 1.724,70 237,40 -1.564,80
Netto-Marge6 106,11 110,46 101,43 158,52 179,58 20,65 -126,10
Cashflow1,7 269,60 288,60 318,20 326,10 353,70 389,00 447,90
Ergebnis je Aktie8 13,31 11,47 12,52 18,67 21,72 1,45 -21,17
Dividende8 3,04 3,53 3,60 3,78 4,07 0,00 2,76
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
LEG Immobilien
WKN Kurs in € Einschätzung Börsenwert in Mio. €
LEG111 79,580 Halten 5.897,62
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,72 14,08 0,97 10,71
KBV KCV KUV EV/EBITDA
0,81 13,17 4,75 22,45
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 2,45 3,08 23.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 09.08.2024 08.11.2024 11.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
9,00% 18,49% 0,33% 64,49%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu LEG Immobilien AG  ISIN: DE000LEG1110 können Sie bei EQS abrufen


Immobilien (Wohn) , LEG111 , LEG , XETR:LEG