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publity AG: First tranche of the 5.50% corporate bond successfully placed

Frankfurt/Main, 18/06/2020 – publity AG has successfully concluded the offer of its 5.50% corporate bond 2020/2025 (ISIN DE000A254RV3) with a volume of EUR 50.0 million. The company has thus placed the first tranche of the corporate bond and achieved its primary goal of early refinancing of the 2015/2020 convertible bond and raised funds for further growth. Within this context, bonds with a nominal value of around EUR 32.9 million were subscribed to by national and international investors (including TO-Holding GmbH controlled by the CEO of publity AG) at an issue price of EUR 1,000 per bond. Furthermore, as part of the exchange offer, bonds of the 2015/2020 convertible bond with a nominal value of around EUR 17.1 million were exchanged for bonds of the new corporate bond with a corresponding nominal value. The publity corporate bond has a coupon rate of 5.50 % p.a. and has a maximum maturity until June 2025. The inclusion of the corporate bond in trading on the Open Market (Quotation Board) of the Frankfurt Stock Exchange is planned for 19 June 2020.

Thomas Olek, CEO of publity AG: “We are very content with the successful issue, as it enables us to refinance our convertible bond. I myself subscribed for a very significant amount via my investment company and also swapped convertible bonds, so that my involvement in the new bond totals a double-digit million euro amount.  Bearing in mind our further growth, the bond gives us a strong capital market instrument that will enable us to raise additional funds for our expansion in the coming months if required. Accordingly, we intend to further accelerate our growth course by expanding our property portfolio and successful asset management”.

Disclaimer

This publication does not constitute an offer. In particular, it does not constitute a public offer to sell or an offer or a solicitation of an offer to purchase, purchase or subscribe for any bonds, shares or other securities.

The information contained in this publication is not directed at, and is not intended for access by, persons located in the United States of America, Japan, Canada, New Zealand, Australia or any jurisdiction in which such publication or disclosure would be contrary to law.

The securities mentioned in this publication have not been and will not be registered under the United States Securities Act of 1933 (the “Securities Act”) or the securities laws of any state of the United States of America and may not be admitted to trading in or into the United States of America or into or on behalf of or for the account or benefit of a U.S. person or entity.The securities may not be offered, offered, sold, pledged, transferred or delivered (directly or indirectly) to, or for the account or benefit of, any person (as such term is defined in Regulation S under the Securities Act) absent registration or an exemption from, or pursuant to an exemption from, the registration requirements of the Securities Act or a transaction not subject to the registration requirements of the Securities Act and in any event in accordance with the securities laws of any state of the United States.

This publication may contain future-oriented statements. Future-oriented statements are all statements that do not refer to historical facts or events. This applies in particular to statements about the intentions, beliefs or current expectations of the Company with respect to its future financial performance, plans, liquidity, prospects, growth, strategy and profitability as well as the economic environment in which the company operates. The future-oriented statements are based on current estimates and assumptions made by the company to the best of its knowledge. However, such forward-looking statements are subject to risks and uncertainties because they relate to future events and are based on assumptions that may not occur in the future. The company is not obliged to update or modify the future-oriented statements contained in this publication to reflect events or circumstances occurring after the date of this publication, unless they contain insider information subject to publication requirements.

Press Contact:

Financial Press and Investor Relations:

edicto GmbH

Axel Mühlhaus/ Peggy Kropmanns

Phone: +49 69 905505-52

Mail: publity@edicto.de

About publity

publity AG (“publity”) is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.

publity AG First tranche of the 5.50% corporate bond successfully placed