DGAP-News: GIEAG Immobilien AG / Key word(s): AGM/EGM/Dividend GIEAG's General Meeting was a success 21.07.2016 / 14:59 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- GIEAG's General Meeting was a success - Dividend of EUR 0.24 per share resolved - Authorised capital of up to EUR 2.1 million created Munich, 21 July 2016. Shareholders of GIEAG Immobilien AG (GIEAG) today approved all of the agenda items at today's Ordinary General Meeting in Munich with a majority of more than 98 of votes cast. The items approved include the proposal by the Management and Supervisory Boards to pay a dividend of EUR 0.24 per share for fiscal year 2015. This means that shareholders are participating in the successful business growth in 2015, with a leap in revenues and earnings, and this dividend also considers the company's plans for future growth. As a result, around EUR 1 million will be disbursed. In addition, the Meeting resolved to create authorised capital of up to EUR 2.1 million. This corresponds to up to 50% of the current share capital. What is more, the Managing Board was authorised - with the approval of the Supervisory Board - to issue convertible bonds or bonds with warrants with a total nominal amount of up to EUR 15 million. Moreover, the Meeting also resolved to create conditional capital of up to EUR 1.8 million to grant shares to the holders of convertible bonds or bonds with warrants, and the Managing Board was authorised to buy treasury shares with a theoretical interest in the share capital of up to 10%. The voting results are available on the Company's website under: www.gieag.de. About GIEAG Immobilien AG (GIEAG) The project development company GIEAG Immobilien AG, which is abbreviated as GIEAG (www.gieag.de) and was founded in December 1999, supports its clients from the initial idea, to the financial and realisation of projects, and on to the sale of the finished property. Its main focus is on the development of residential properties, office buildings, and logistic centres. In addition, GIEAG also operates as an investor for residential real estate located primarily in southern Germany with particularly high potential for development. Contact: GIEAG Immobilien AG Investor Relations, Philipp Pferschy Oettingenstraße 35 80538 Munich [email protected] Telephone: +49 89 290516-0 edicto GmbH Axel Mühlhaus, Peggy Kropmanns [email protected] Tel.: +49 69 905505-52 --------------------------------------------------------------------------- 21.07.2016 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 --------------------------------------------------------------------------- 484709 21.07.2016