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News

08/10/2007

Deutsche Wohnen: Closing of GEHAG acquisition brings higher amount of outstanding shares

DGAP-News: Deutsche Wohnen: Closing of GEHAG acquisition brings higher amount of outstanding shares


Deutsche Wohnen AG / Merger

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

On 9 August 2007 the merger of Deutsche Wohnen Group with Berlin GEHAG Group (contracted on 2 July 2007) was executed finally.
On 8 August 2007 the Register Court registrated the 6,400,000 new bearer shares, which were part of the total purchase price for GEHAG Group and were given now to the selling parties (2 funds managed by Oaktree Capital Management LLC).

Due to this, the total number of outstanding shares of Deutsche Wohnen AG increased to 26,400,000 bearer and registered shares.
Approximately 97.4 percent respectively 25,716,376 shares of the total amount of 26,400,000 shares are bearer shares (ISIN DE000A0HN5C6); merely 2.6 percent respectively 683,624 shares are registered shares (ISIN DE0006283302).

The bearer shares of Deutsche Wohnen AG are listed in the SDAX and in the international indices of MSCI and EPRA. The bearer shares show much higher trading liquidity at the stock exchange compared to the registered shares.
Besides the new bearer shares, on 8 August 2007 also the contracted convertible bonds (total nominal value: EUR 25 million) were issued to the selling parties.



Hubert Bonn
Head of Investor & Public Relations
Phone: +49 (0)6131 4800-262
email: hubert.bonn@deuwo.com



DGAP 10.08.2007 

 
Language:     English
Issuer:       Deutsche Wohnen AG
              Pfaffenwiese 300
              65929 Frankfurt am Main
              Deutschland
Phone:        +49 (0)6131 4800 262
Fax:          +49 (0)6131 4800 4441
E-mail:       hubert.bonn@deuwo.com
Internet:     www.deutsche-wohnen.de
ISIN:         DE000A0HN5C6, DE0006283302
WKN:          A0HN5C, 628330
Indices:      SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart  
End of News DGAP News-Service