10/21/2015

LEG Immobilien AG terminates Business Combination Agreement with Deutsche Wohnen AG by mutual consent and continues to pursue its successful growth strategy on a stand-alone basis


LEG Immobilien AG  / Key word(s): Offer

21.10.2015 21:18

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc announcement according to § 15 WpHG

LEG Immobilien AG terminates Business Combination Agreement with Deutsche Wohnen AG by mutual consent and continues to pursue its successful growth strategy on a stand-alone basis

21.10.2015 
LEG Immobilien AG continues to pursue its successful growth strategy on a stand-alone basis following the termination of the Business Combination Agreement with Deutsche Wohnen AG by mutual consent. As a result of this termination of the Business Combination Agreement, the planned voluntary exchange offer by Deutsche Wohnen AG to the shareholders of LEG Immobilien AG will be cancelled.

LEG Immobilien AG has strong fundamentals for its business. The Company achieves sustained above-average rental growth in its very attractive rental market in North Rhine-Westphalia. In the context of its proven strategy, LEG Immobilien AG will in particular press ahead with the steady expansion of its regionally focused portfolio.


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Language:     English
Company:      LEG Immobilien AG
              Hans-Böckler-Straße 38  
              40476 Düsseldorf
              Germany
Phone:        +49 (0) 211 / 4568 - 0
Fax:          +49 (0) 211 / 4568 - 261
E-mail:       
Internet:     www.leg-nrw.de
ISIN:         DE000LEG1110
WKN:          LEG111
Indices:      MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart  
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