Deutsche Wohnen AG: Adjustment of the Conversion Price and Conversion Ratio for the Convertible Bonds of Deutsche Wohnen AG in the amount of EUR 250 million due on 22 November 2020 (ISIN DE000A1YCR02)
Deutsche Wohnen AG / Key word(s): Bond
Adjustment of the Conversion Price and Conversion Ratio for the Convertible Bonds of Deutsche Wohnen AG in the amount of EUR 250 million due on 22 November 2020
Frankfurt/Main and Berlin, 12 June 2014. The Conversion Price and Conversion Ratio for the Bonds have been adjusted as a result of the EUR 0.34 Cash Dividend per Share, in accordance with § 9(1)(d), § 9(2)(b) and § 9(3) of the terms and conditions of the Bonds. Pursuant to § 13 of the same, Deutsche Wohnen AG hereby gives notice that, effective 12 June 2014, the adjusted Conversion Price is EUR 18.3605 (previously: EUR 18.7538) and the adjusted Conversion Ratio is 5,446.4748 Shares per Bond (previously: 5,332.2527 Shares per Bond).
Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany and Europe with a business focus on managing and developing its residential property portfolio. As at 31 March 2014 the portfolio comprised a total of 150,895 units, of which 148,797 are residential units and 2,098 commercial properties. The company is listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT and GPR 250.
+49 (0)30 / 89786 - 551
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|Company:||Deutsche Wohnen AG|
|65929 Frankfurt am Main|
|Phone:||+49 (0)30 89786-0|
|Fax:||+49 (0)30 89786-507|
|ISIN:||DE000A0HN5C6, DE000A1X3R56, DE0006283302,|
|WKN:||A0HN5C, A1X3R5, 628330|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart|
|End of News||DGAP News-Service|