Press Release

Adjustment of Conversion Price and Conversion Ratio for the 2014/2019 Convertible Bond (ISIN DE000A1YC4S6, WKN)

12.

June 2017

Berlin, 12 June 2017 – The Berlin-based company ACCENTRO Real Estate AG (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3) adjusted the conversion price and the conversion ratio for its 2014/2019 convertible bond (ISIN DE000A1YC4S6, WKN: A1YC4S). This was announced by Accentro on 12 June 2017.

Both the conversion price and the conversion ratio of the bond were adjusted because of the dividend in the amount of 0.15 euros per unit pursuant to Art. 11, Sec. 4 of the bond terms by the annual general meeting on 15 May 2017. Pursuant to Art. 16 of the bond terms, Accentro Real Estate AG hereby announces that as of 16 May 2017, the adjusted conversion price is 2.4655 euros (previously: 2.50 euros), and that the conversion ratio is therefore 1.0139 (previously: 1).

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a residential property investor and Germany’s market leader in housing privatisations. Its real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset holders, investors and developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press And Public Relations Contact

Karl-Philipp Jann

PB3C GmbH

Rankestrasse 17

10789 Berlin

E-Mail

Telefon

jann@pb3c.com

+49 (0)30 - 72 62 76 1612

More articles in: "Press Releases"

Press Release

Accentro Housing Cost Report 2021: Homeownership is on Average 56% More Cost Effective than Renting

09. June 2021

Berlin, 9 June 2021 – In 2020, owning a home in Germany was on average 56% more cost effective than renting it.
Continue reading
Press Release

ACCENTRO CFO Hans-Peter Kneip Is Leaving the Company for Personal Reasons

03. June 2021

• Supervisory Board regrets the decision and thanks Kneip for his excellent work • CEO Lars Schriewer takes over finance department on an interim basis
Continue reading