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publity AG: CEO Thomas Olek buys publity convertible bond 2015/2020

Frankfurt 19/11/2019 — The CEO of publity AG (Scale, ISIN DE0006972508), Thomas Olek, has bought bonds of the 3.5% convertible bond 2015/2020 (ISIN DE000A169GM5) from publity via the stock exchange with an initial nominal value of 100,000 Euro. This is another sign of confidence in the company. Olek is already a major shareholder of publity, indirectly via its companies TO-Holding GmbH and TO Holding 2 GmbH, with a stake of 84 percent. Olek has already invested a total of more than 115 million euros in publity shares at market prices over the past 12 months.

The convertible bond 2015/2020 of publity AG has an outstanding volume of EUR 50 million, a maturity until 17 November 2020 (repayment date) and can be converted into publity AG shares at a current price of EUR 37.5569.

Thomas Olek, CEO and major shareholder of publity AG: «I see the convertible bond as an excellent opportunity to acquire publity shares at attractive conditions, as the share price is currently significantly above the strike price of the convertible bond. With this in mind, the acquisition of the convertible is part of my strategy to expand my stake in publity. publity is showing strong development and has an excellent position in the German commercial real estate market. Our company is very successful as asset manager and real estate investor for its own portfolio through our subsidiary PREOS Real Estate».

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.

CEO Thomas Olek buys publity convertible bond 2015-2020