VIB Vermögen AG resolves a capital increase against contribution in kind in the amount of EUR 4.87 million by way of using of authorized capital with exclusion of the subscription rights of the shareh

Corporate News
 

VIB Vermögen AG informs about the following announcement of an insider information (ad hoc) as of today at 14:30 hrs:

Announcement of an insider information due to Art. 17 der Verordnung (EU) Nr. 596/2014
 

VIB Vermögen AG resolves a capital increase against contribution in kind in the amount of EUR 4.87 million by way of using of authorized capital with exclusion of the subscription rights of the shareholders for the acquisition of a logistics real estate portfolio and of real estate management companies in the amount of altogether EUR 99 million from DIC Asset Group

VIB Vermögen AG, Tilly-Park 1, 86633 Neuburg/Donau, 24 November 2022

Management Board and Supervisory Board of VIB Vermögen AG (ISIN: DE000A2YPDD0) resolved today to increase the capital against contribution in kind in the amount of EUR 4,872,761.00 by issuing 4,872,761 new bearer shares by way of using the authorized capital with exclusion of the subscription rights of the shareholders for the acquisition of a total logistics package in the amount of EUR 99 million from DIC Asset Group (DIC Asset AG together with its subsidiaries) consisting of a logistics real estate portfolio in the amount of approximately EUR 56 million and of two real estate management companies in the amount of approximately EUR 43 million carrying out the management of logistics real estate for third parties.

DIC Asset Group companies were entitled to subscribe the new shares in exchange for their respective undertaking to contribute the shareholdings in real estate companies and the property in two real estates as well as the shareholding in the management companies. The acquisition of the logistics portfolio and of the both management companies strengthens sustainably the growth of VIB Vermögen AG to be the leading logistics real estate AG as well as increases the business model of the VIB Vermögen AG to the management of logistics real estate for third parties which provides a high level of liquidity.

The Management Board of VIB Vermögen AG

Contact

VIB Vermögen AG

Investor Relations:

Tilly-Park 1

86633 Neuburg/Donau

Tel.: + 49 (0)8431 9077-961

Fax: + 49 (0)8431 9077-1961

E-Mail: ed.ga-biv@llehcs-sednal.ajna

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