TAG Immobilien AG Completes Successful Capital Increase and Bond Issue

TAG Immobilien AG has completed a capital increase by placing 12,478,291 new shares at EUR 14.90 each, raising EUR 185.9 million. These shares represent 7.07% of the company's capital. The new shares will be traded on the Frankfurt Stock Exchange from 25 August 2025. This move increases the company's share capital to EUR 189,034,941.

Also, TAG issued convertible bonds maturing in 2031, totaling EUR 98 million. These bonds can be converted into 5,177,323 shares, about 2.93% of the share capital. Priced at 104.1% of par, the bonds are set for settlement around 27 August 2025. The overall transaction aims to support the acquisition of the Resi4Rent portfolio in Poland.

Excluding shareholder subscription rights, TAG plans to use the EUR 288.2 million raised for refinancing and corporate purposes. A 90-day lock-up period with standard exceptions is agreed upon by the company.