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Coreo AG completes capital increase with success

·1-min read

Coreo AG / Key word(s): Capital Increase/Real Estate
Coreo AG completes capital increase with success

12-May-2022 / 16:06 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Inside information in accordance with Article 17 of Regulation (EU) No 596/2014 (Ad hoc announcement)

Coreo AG completes capital increase with success

Frankfurt am Main – 12. May 2022 - Coreo AG successfully completed the capital increase from authorised capital resolved on 19. April 2022. All in all, 5,011,560 new shares were placed with subscription right shareholders and institutional investors at a price of 1.10 euros per share. It is intended that the net issue proceeds from the capital increase will be a. o. used to finance further property acquisitions.

The new shares are fully entitled to profit participation for the Financial Year 2021.

End of AD HOC

About Coreo AG
Coreo AG, with headquarters in Frankfurt am Main, is a dynamically growing real estate company with a focus on German commercial and residential real estate. The company invests in properties with significant potential to increase in value where there is a requirement for development, preferably in medium-sized centres. The objective is to build up an efficiently managed, high-yield property portfolio.

Contact:

Coreo AG
Andrea Glaab
Investor Relations
Grüneburgweg 18
D-60322 Frankfurt a. M.
ir@coreo.de
T: +49 (0) 69-21 93 96-0

12-May-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Coreo AG

Grüneburgweg 18

60322 Frankfurt am Main

Germany

Phone:

+49 69 2193 96-0

Fax:

+49 69 2193 96-150

E-mail:

ir@coreo.de

Internet:

www.coreo.de

ISIN:

DE000A0B9VV6

WKN:

A0B9VV

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1351297


 

End of Announcement

DGAP News Service

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