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News

06/06/2017

Deutsche Wohnen AG: Adjustment of the Conversion Price and Conversion Ratio for the Convertible Bonds of Deutsche Wohnen AG in the amount of EUR 800 million due on July 26, 2024 (ISIN DE000A2BPB84)

Corporate News: Deutsche Wohnen AG: Adjustment of the Conversion Price and Conversion Ratio for the Convertible Bonds of Deutsche Wohnen AG in the amount of EUR 800 million due on July 26, 2024 (ISIN DE000A2BPB84)

DGAP-News: Deutsche Wohnen AG / Key word(s): Bond

06.06.2017 / 17:35
The issuer is solely responsible for the content of this announcement.


Frankfurt/Main and Berlin, 6 June 2017. The Conversion Price and Conversion Ratio for the Bonds have been adjusted as a result of the EUR 0.74 Cash Dividend per Share, in accordance with § 9(1)(d), § 9(3) and § 9(4) of the terms and conditions of the Bonds. Pursuant to § 13 of the same, Deutsche Wohnen AG hereby gives notice that, effective June 5, 2017, the adjusted Conversion Price is EUR 48.2967 (previously: EUR 48.5775), the adjusted Conversion Ratio is 2,070.53484 Shares per Bond (previously: 2,058.56621 Shares per Bond) and the Reference Dividend remains unchanged at EUR 0.54.

Deutsche Wohnen

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 portfolio, which consists mainly of residential properties. As at 31 March 2017, the portfolio comprised a total of 159,962 units, of which 157,790 are residential and 2,172 commercial. The company is listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT, STOXX(R) Europe 600 and GPR 250.

 

Important Notice

This publication represents neither an offer for sale nor request for purchase of securities.

Any statements regarding the future in this document do not represent any facts and use terms such "will", "expected", "believe", "estimate", "intend", "strive", and "assume" and other similar phrases. The statements express the intention, views and current expectations and assumptions of Deutsche Wohnen and parties acting in concert with Deutsche Wohnen. The statements directed at the future are based on current planning, estimates and forecasts, which Deutsche Wohnen and the parties acting in concert with Deutsche Wohnen have made to the best of their knowledge but do not contain any statement about their future validity. Future-based statements are subject to risks and uncertainties, which are generally difficult to predict and are generally not in Deutsche Wohnen's sphere of influence or that of the parties acting in concert with Deutsche Wohnen. Please note that the actual results or events may deviate substantially from those provided in or removed from the future-based statements.




Contact:
Contact Investor Relations:
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5419
ir@deutsche-wohnen.com


06.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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