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DGAP-Adhoc: ESTAVIS AG: ESTAVIS AG Opts for Capital Increase from Authorised Capital

May 26, 2014

ESTAVIS AG / Key word(s): Capital Increase 27.05.2014 07:31 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Berlin, 26 May 2014 - With the consent of the supervisory board, the management board of ESTAVIS AG resolved today to raise the company's share capital by up to EUR 1,138,407 to a total of up to EUR 21,177,238 by way of a capital increase against non-cash contributions from authorised capital excluding the shareholders' subscription rights. Within the framework of the capital increase, up to 1,138,407 new no-par-value bearer shares with a pro-rata nominal value of EUR 1.00 per share will be issued. The capital increase became necessary once the acceptance rate concerning the takeover bid submitted by Adler Real Estate AG to the shareholders of ESTAVIS AG exceeded 30 percent, thereby effecting a change of control that entitles holders of convertible bonds issued by ESTAVIS AG to an early conversion, because the contingent capital associated with the convertible bonds would not have sufficed if a corresponding number of convertible bond holders decided to exercise their early conversion option. The Management Board - End of communiquÉ for immediate release - About ESTAVIS: Estavis AG is a listed property company focusing on residential properties. The company buys up selected housing portfolios for the purpose of managing them long-term. Accentro, a subsidiary of Estavis and the company's second mainstay, is Germany's market leader in housing privatisations as a service. Estavis AG is headquartered in Berlin and is listed on the Prime Standard of the Frankfurt Stock Exchange (German Securities Code Number [WKN]: A0KFKB). Contact: ESTAVIS AG Investor & Public Relations Tel.: + 49 30 887 181 799 E-mail: Contact: ESTAVIS AG - Investor & Public Relations - Tel: + 49 30 887 181 799 - E-Mail: ir@estavis.de27.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and --------------------------------------------------------------------------- Language: English Company: ESTAVIS AG Uhlandstr. 165 10719 Berlin Germany Phone: +49 (0)30 - 887 181 - 0 Fax: +49 (0)30 - 887 181 - 11 E-mail: Internet: ISIN: DE000A0KFKB3 WKN: A0KFKB Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, MÜnchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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Source: DGAP Ad Hoc Disclosures

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