Eyemaxx Real Estate AG
EYEMAXX Real Estate AG: Extraordinary general meeting on 28 November 2017 to resolve on capital increase
EYEMAXX Real Estate AG / Key word(s): AGM/EGM/Capital Increase Insider information according to Article 17 of the MAR Extraordinary general meeting on 28 November 2017 to resolve on capital increase Aschaffenburg, 18 October 2017 – The Managing and Supervisory Boards of EYEMAXX Real Estate AG (General Standard; ISIN DE000A0V9L94) today resolved to invite the shareholders to Munich to an extraordinary general meeting of the company on 28 November 2017. This general meeting will deal with issues including passing a resolution on a cash capital increase excluding subscription rights with a volume of up to approx. 10% of the company’s share capital. Subject to the resolution by the general meeting, the new shares from this capital increase are to be offered to interested investors as part of a private placement at a subscription price still to be defined. This price may not be substantially lower than the stock market price for shares of the company. The funds from the capital increase are to be used for additional new real estate project developments in Germany and Austria. The full announcement on the invitation to the general meeting is expected to be published in the Federal Gazette on 20 October 2017. Information and Explanation of the Issuer to this News: The funds from the capital increase which is to be resolved are to be used to realise new projects in Germany and Austria, the company’s core markets, and to further expand the project pipeline from its current total of more than EUR 740 million. Dr. Michael Müller, EYEMAXX Real Estate AG’s CEO explained: ‘We can see excellent opportunities on the market at present which we would very much like to use. We are already involved in negotiations for new projects, and these negotiations have already progressed well. We are planning, for example, to reinforce our involvement in hotel projects and micro-apartments in major German cities.’ Contact Investor Relations/Financial Press
18-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | EYEMAXX Real Estate AG |
Auhofstraße 25 | |
63741 Aschaffenburg | |
Germany | |
Phone: | +43. 2235. 81 071 -0 |
Fax: | +43. 2235. 81 071 715 |
E-mail: | office@eyemaxx.com |
Internet: | www.eyemaxx.com |
ISIN: | DE000A0V9L94, DE000A1MLWH7, DE000A1TM2T3, DE000A12T374 , |
WKN: | A0V9L9, A1MLWH, A1TM2T, A12T37 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |