LEG Immobilien AG / Key word(s): Capital Increase 12.11.2015 17:43 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement according to § 15 WpHG NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. Dusseldorf, 12 November 2015 LEG launches cash capital increase through accelerated bookbuilding - Up to 4,510,000 new shares to be issued - Proceeds to be used to finance announced acquisition of 13,800 residential units The Management Board of LEG Immobilien AG adopted a resolution today, with the consent of the Supervisory Board, to carry out a capital increase for cash, under exclusion of shareholders' pre-emption rights. Utilising the authorised capital as passed by the Annual General Meeting on 24 June 2015, the company will increase its share capital by up to EUR 4,510,000.00, from EUR 58,259,788.00 at present to as much as EUR 62,769,788.00. For that purpose, LEG will issue 4,510,000 new, no-par value registered shares, each representing EUR 1.00 of the share capital. The new shares will be entitled to full dividend payouts as of 1 January 2015. As announced on 2 November 2015, LEG has signed an agreement in principle to purchase a portfolio with approximately 13,800 residential units in North Rhine-Westphalia for approximately EUR 600 million. The proceeds from the announced cash capital increase will serve to finance this transaction. LEG stated that an equity measure would be considered when it first announced the agreement in principle. The new shares will be offered exclusively to institutional investors by way of an accelerated bookbuilding. They will be admitted to public trading, with no obligation to publish a prospectus, and included in the current listing in the prime standard segment of the regulated market on the Frankfurt Stock Exchange, where post-admission requirements will apply. Inclusion in the current listing and the delivery of the new shares to investors is expected on 18 November 2015. Disclaimer These materials may not be published, distributed or transmitted in the United States, Canada, Australia, Japan or South Africa. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Shares") of LEG Immobilien AG (the "Company") in the United States or any other jurisdiction. The Shares 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 Shares of the Company have not been, and will not be, registered under the Securities Act. There will be no public offering of the Shares in the United States. 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. 12.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 E-mail: Internet: www.leg.ag ISIN: DE000LEG1110 WKN: LEG111 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------