DGAP-News: GAGFAH S.A.: Notification on Final Purchase Price for the acquisition of own shares within the Share Buy-Back Offer
(firmenpresse) - DGAP-News: GAGFAH S.A. / Key word(s): Share Buyback
GAGFAH S.A.: Notification on Final Purchase Price for the acquisition
of own shares within the Share Buy-Back Offer
04.05.2012 / 15:50
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GAGFAH S.A.
2-4, rue Beck
1222 Luxembourg
Grand-Duchy of Luxembourg
ISIN: LU0269583422
Frankfurt Stock Exchange, Official Market (Prime Standard)
Shares Tendered for Sale: ISIN: LU0719733874
Notification on Final Purchase Price
for the acquisition of own shares within the Share Buy-Back Offer
Luxembourg, 04 May 2012 - Under the Share Buy-Back Offer for the
acquisition of own shares, which was published on the website of GAGFAH
S.A. at www.gagfah.com on 28 March 2012, an overall number of 12,854,682
shares has been tendered to GAGFAH S.A. within the price range from EUR
6.00 to EUR 6.75.
The Final Purchase Price as determined by the Company upon expiration of
the acceptance period according to section 3.2 of the Offer Document has
been calculated via a modified Dutch Auction process and amounts to EUR
6.70 per share. Shares which have been tendered at a price higher than the
Final Purchase Price will not be accepted for buy-back.
As the aggregate purchase price for the 11,844,178 shares for which the
offer has been accepted at the Final Purchase Price or at a lower price
amounts to EUR 79,355,992.60 and thus exceeds the repurchase value of EUR
75,000,000 there will be a pro-rata allocation of the Relevant Tenders at a
ratio of 1 to 1.0581 rounded down to the next full number of shares.
The final result of the Share Buy-Back Offer calculated on the basis of the
pro-rata allocation will be published in due course.
Contact
GAGFAH S.A.
Investor Relations
2-4, rue Beck
L-1222 Luxembourg
Tel.: +352 266 366 21
Mail: rhoffmann(at)gagfah.com
www.gagfah.com
R.C.S. Luxembourg B 109.526
About GAGFAH S.A.
GAGFAH S.A. is a joint stock corporation organized under the laws of the
Grand Duchy of Luxembourg qualifying as a securitization company under the
Luxembourg Securitization Law of March 22, 2004. The core business of
GAGFAH S.A.'s operating subsidiaries is the ownership and management of a
geographically diversified and well maintained residential property
portfolio located throughout Germany. With a portfolio of almost 150,000
apartments, GAGFAH is the largest residential property company listed in
Germany.
End of Corporate News
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04.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GAGFAH S.A.
2-4, rue Beck
1222 Luxemburg
Grand Duchy of Luxembourg
Phone: + 352 266 366 1
Fax: + 352 266 366 01E-mail: info(at)gagfah.com
Internet: www.gagfah.com
ISIN: LU0269583422, LU0269583422
WKN: A0LBDT
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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168222 04.05.2012
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Datum: 04.05.2012 - 09:50 Uhr
Sprache: Deutsch
News-ID 1110835
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