17|12|2015

Corporate News

DEMIRE Annual General Meeting supplies the means for future growth

  • Extraordinary Annual General Meeting resolves new capital
  • Development into a leading holder of real estate in Germany

Frankfurt/Main, 17. December 2015 – At the Extraordinary Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG (“DEMIRE”, ISIN DE000A0XFSF0) held on 6 March 2015, the shareholders approved the proposals of the management with regard to the capital measures planned with a large majority, thereby creating the means for continued growth. The real estate group can now continue with the expansion of its commercial real estate portfolio. After growing strongly in the past several months, DEMIRE has developed into a leading holder in the German commercial real estate market.

Specifically, the Extraordinary Annual General Meeting resolved the creation of new authorised capital amounting to EUR 8.54 million for a total of available authorised capital of EUR 9.97 million. Through the creation of additional conditional capital in the amount of EUR 2.43 million to grant subscription and conversion rights for debentures issued and in the amount of EUR 1.00 million for a stock option plan for the Executive Board and employees, conditional capital increased to a total of EUR 9.97 million. Also at the Annual General Meeting, Dr Peter Maser was elected to the Supervisory Board.

The authorised capital recently approved by the Annual General Meeting in October 2014, had already been largely utilised in January 2015 due to the acquisition of a real estate portfolio in return for the issue of shares. The new authorised capital will allow the Company to use further shares as consideration for acquisitions of commercial real estate in the future.

Andreas Steyer, Speaker of the Board of Directors commented: “With this vote from our shareholders, we can continue to pursue our growth path. Our pipeline is filled with properties that display an interesting investment profile”.

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: schlinkmann@demire.ag

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