GWB Immobilien AG: Implementation of the Capital Increase by EUR 650,000

GWB Immobilien AG / Capital Increase

11.03.2010 17:17

Dissemination of an Ad hoc announcement according to § 15 WpHG,
transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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With reference to the ad hoc announcement of 9 March 2010 the Management
Board of GWB Immobilien AG announces that on 11 March 2010 the capital
increase due to the authorised capital against contribution in cash has
been successfully completed in full. The subscription rights of the
shareholders were excluded. In total all 650,000 bearer shares no par value
were placed to institutional investors for an issue price of EUR 1.55 per
share by Bankhaus Donner & Reuschel AG  Hamburg. As a result of the capital
increase, the company will receive gross proceeds of around EUR 1.0 Mio.
 
GWB Immobilien AG has achieved to complete this capital increase in a
difficult market situation. The proceeds will be used to strengthen the
equity of the company.
 
After registration of the completion of the capital increase, the share
capital of the company will amount to EUR 7,175,000 divided into 7,175,000
bearer shares no par value.

GWB Immobilien AG
The Management Board


Press inquiries:
Kirchhoff Consult AG, Janina Wismar
Tel.: +49 40 609 186-50, janina.wismar@kirchhoff.de




11.03.2010 Ad hoc announcement, Financial News and Media Release
distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      GWB Immobilien AG
              Hauptstraße 1a
              22962 Siek
              Deutschland
Phone:        +49 4107 9080-0
Fax:          +49 4107 908072
E-mail:       info@gwb-immobilien.de
Internet:     www.gwb-immobilien.de
ISIN:         DE000A0JKHG0, DE000A0JRVH4, DE000A0JRVJ0 
WKN:          A0JKHG
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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