14/11/2007 | Ad-hoc Disclosure
Fair Value Immobilien-Aktiengesellschaft has scheduled initial listing in the Prime Standard for November 16, 2007
46Munich, November 14, 2007 – Fair Value Immobilien-Aktiengesellschaft (Fair Value) is planning an initial listing on Frankfurt Stock Exchange's regulated market (Prime Standard) on November 16, 2007. A total of 9,406,882 no-par value bearer shares are to be included in trading with German securities code number (WKN) A0MW97 (ISIN DE000A0MW975). The shares have a proportionate interest in the share capital of EUR 5.00 per share and carry full dividend rights from January 1, 2007. The securities prospectus approved today by the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) can be downloaded at www.fair-value-reit.de.
Prior to Fair Value's admission to the stock exchange, the company placed 480,000 new bearer shares at an issuing price of EUR 10.50 as part of a private placement, increasing the share capital to EUR 47.03 million and resulting in gross proceeds from the issue totaling EUR 5.04 million for the company. This capital increase was entered in the commercial register on November 9, 2007. The initial listing is being supported by WestLB AG.
2007
