01|09|2015

Corporate News

DEMIRE Annual General Meeting reaffirms growth path

  • 100 % shareholder approval for proposed resolutions
  • Creation of authorised and conditional capital resolved, among others

Frankfurt/Main, 01. September 2015 – The shareholders of DEMIRE Deutsche Mittelstand Real Estate AG (“DEMIRE”, ISIN DE000A0XFSF0) unanimously reaffirmed DEMIRE’s growth path at the Annual General Meeting in Frankfurt on 28 August 2015. In addition to the discharge of the Executive Board and Supervisory Board and the appointment of the auditor, resolutions on the agenda included the cancellation and creation of new authorised capital, the new authorisation to issue convertible bonds and/or bonds with warrants and the creation of new conditional capital. All agenda items were unanimously approved thereby paving the way for the Company’s further growth. DEMIRE can now continue to expand its commercial real estate portfolio, which currently contains 810,000 m².

The Annual General Meeting specifically resolved the creation of new authorised capital of EUR 13,675,702, the authorisation to issue convertible bonds and/or bonds with warrants, profit participation rights and/or profit participation bonds with a total nominal value of up to EUR 125,000,000.00 and the creation additional conditional capital of EUR 3,919,447.00 for granting subscription and conversion rights for the bonds issued.

Andreas Steyer, Speaker of the Executive Board commented: “We are pleased that our shareholders are unanimously in favour of our adopted strategy. With the vote of the Annual General Meeting, we are well equipped with the capital necessary to achieve our future objectives with regard to the portfolio’s continued expansion.”

The Executive Board

Über die DEMIRE Deutsche Mittelstand Real Estate AG

Contact
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
63225 Langen
Tel.: +49 (0) 6103 – 372 49-0
Fax: +49 (0) 6103 – 372 49-11
E-mail:
Web: www.demire.ag

INVESTOR RELATIONS KONTAKT
Peer Schlinkmann
Head of Investor Relations & Corporate Communications

Tel.: +49 (0) 6103 37249 44
Fax: +49 (0) 6103 37249 11
E-Mail:

PUBLIC RELATIONS KONTAKT
RUECKERCONSULT GmbH
Herr Nikolaus von Raggamby
Tel.: +49 30 28 44 987 40