Publication of an insider information in accordance with Article 17 MAR

publity resolves on capital increase from authorised capital to increase its future stake in PREOS Real Estate AG

Frankfurt am Main, 13.09.2019 - The Management Board of publity AG (Scale, ISIN DE0006972508) has decided today, with the approval of the Supervisory Board, to increase the share capital of the company from currently EUR 10,258,068.00 by EUR 4,501,839.00 through the issue of 4,501,839 new registered no-par value shares with entitlement to share in profits from 1 January 2019 onwards against non-cash contributions to EUR 14,759,907.00. The new shares are issued through the partial use of the authorized capital approved by the Ordinary General Meeting of the company on 16 May 2019 at an issue amount of EUR 1.00 per new share. The subscription right of the shareholders is excluded.

This measure serves for the acquisition of shares in PREOS Real Estate AG ("PREOS") by the company. For this purpose, the two principal shareholders of publity AG, TO-Holding GmbH and TO Holding 2 GmbH, have agreed to fully contribute their PREOS blocks of shares of a total of 19,031,529 shares against the issue of new shares in publity AG to the latter. For the calculation of the number of new shares of publity AG to be issued, the volume-weighted 90-day XETRA average closing price on 10 September 2019 of EUR 33.82 per share was used as a basis. The PREOS shares to be contributed were valued at EUR 8.00 per PREOS share.

Based on the non-cash capital increase through the contribution of 94.9 % of the shareholdings in publity Investor GmbH resolved by the Ordinary General Meeting of PREOS of 28 August 2019, publity AG acquires a stake of approximately 66.21 % in the share capital of PREOS. As a result of the capital increase from authorised capital resolved today it is intended to increase this stake in PREOS to around 92.77 %. In this way the company is to be given the possibility to continue to fully participate in the economic results of publity Investor GmbH. The capital increase is to be carried out as soon as the non-cash capital increase of PREOS has been entered in the commercial register or its entry has been secured.

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