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TLG Immobilien AG (TLGG.DE)

TLGG.DE on Xetra

26.75EUR
17 Jul 2019
Change (% chg)

€0.00 (+0.00%)
Prev Close
€26.75
Open
€26.70
Day's High
€26.80
Day's Low
€26.70
Volume
5,099
Avg. Vol
201,253
52-wk High
€28.10
52-wk Low
€21.14

Latest Key Developments (Source: Significant Developments)

TLG Immobilien Determines The Number Of New Shares To Be Issued And Placement Price For New Shares
Thursday, 27 Jun 2019 

June 26 (Reuters) - TLG Immobilien AG ::DGAP-ADHOC: TLG IMMOBILIEN AG DETERMINES THE NUMBER OF NEW SHARES TO BE ISSUED AND THE PLACEMENT PRICE FOR THE NEW SHARES.TLG IMMOBILIEN-DECIDED TO INCREASE ITS REGISTERED SHARE CAPITAL THROUGH PARTIAL UTILIZATION OF AUTHORIZED CAPITAL.EXCLUSION OF SHAREHOLDERS' SUBSCRIPTION RIGHTS IS FROM EUR 103.4 MILLION BY EUR 8.5 MILLION TO EUR 111.9 MILLION.SHARES WERE PLACED AT PLACEMENT PRICE OF EUR 26.13 PER SHARE, GROSS ISSUE PROCEEDS THUS AMOUNT TO APPROXIMATELY EUR 222 MILLION.  Full Article

TLG Immobilien Announces Capital Increase, Targeting 220 Mln Eur Proceeds
Wednesday, 26 Jun 2019 

June 26 (Reuters) - TLG Immobilien AG ::DGAP-ADHOC: TLG IMMOBILIEN AG RESOLVES ON CASH CAPITAL INCREASE.RESOLVES ON CASH CAPITAL INCREASE.TARGETING GROSS PROCEEDS OF EUR 220 MILLION..SHARE CAPITAL OF COMPANY WILL BE INCREASED BY ISSUING NEW NO‐PAR VALUE ORDINARY BEARER SHARES AGAINST CASH CONTRIBUTIONS UNDER EXCLUSION OF SHAREHOLDERS' SUBSCRIPTION RIGHTS, TARGETING GROSS PROCEEDS OF EUR 220 MILLION..NEW SHARES WILL BE OFFERED EXCLUSIVELY TO INSTITUTIONAL INVESTORS IN PRIVATE PLACEMENTS BY WAY OF AN ACCELERATED BOOKBUILDING OFFERING. PRIVATE PLACEMENT WILL COMMENCE ON JUNE 26, 2019 AND IS EXPECTED TO END SHORTLY THEREAFTER.PLACEMENT PRICE WILL BE DETERMINED AFTER CONCLUSION OF ACCELERATED BOOKBUILDING OFFERING AND IS EXPECTED TO BE ANNOUNCED SHORTLY THEREAFTER..IT IS EXPECTED THAT NEW SHARES WILL BE ADMITTED TO TRADING ON JULY 1, 2019 AND WILL BE INCLUDED IN EXISTING QUOTATION ON SUB-SEGMENT OF REGULATED MARKET WITH ADDITIONAL POST-ADMISSION OBLIGATIONS (PRIME STANDARD) OF FRANKFURT STOCK EXCHANGE (FRANKFURTER WERTPAPIERBÖRSE) ON JULY 2, 2019..NEW SHARES WILL CARRY FULL DIVIDEND RIGHTS FROM JANUARY 1, 2019. SETTLEMENT/CLOSING OF TRANSACTION IS EXPECTED TO TAKE PLACE ON JULY 2, 2019.TLG IMMOBILIEN AG INTENDS TO USE NET PROCEEDS FROM PRIVATE PLACEMENT FOR FINANCING OF POTENTIAL GROWTH AND ACQUISITIONS IN LINE WITH TLG IMMOBILIEN AG'S COMMUNICATED INVESTMENT STRATEGY, INCLUDING ITS LTV TARGETS.  Full Article

TLG Immobilien Appoints Barak Bar-Hen To Serve As CEO
Wednesday, 29 May 2019 

May 29 (Reuters) - TLG IMMOBILIEN AG ::BARAK BAR-HEN APPOINTED BY THE SUPERVISIORY BOARD OF TLG IMMOBILIEN AG TO SERVE AS CEO.  Full Article

TLG Immobilien: AGM Approves Proposals
Wednesday, 22 May 2019 

May 22 (Reuters) - TLG IMMOBILIEN AG ::GENERAL MEETING ACCEPTS PROPOSALS - CHANGES IN THE SUPERVISORY BOARD.DIVIDEND INCREASE OF 11% YEAR-ON-YEAR APPROVED.SASCHA HETTRICH IS NOW CHAIRPERSON OF SUPERVISORY BOARD.  Full Article

TLG Immobilien Successfully Places Corporate Bond With Nominal Value Of EUR 600 Mln
Friday, 17 May 2019 

May 17 (Reuters) - TLG Immobilien AG ::DGAP-NEWS: TLG IMMOBILIEN AG SUCCESSFULLY PLACES CORPORATE BOND WITH A NOMINAL VALUE OF EUR 600 MILLION.SENIOR UNSECURED FIXED RATE NOTES WITH A NOMINAL VALUE OF EUR 600 MILLION DUE 2026.ISSUE PROCEEDS TO BE USED FOR FUTURE REAL ESTATE ACQUISITIONS AND GENERAL CORPORATE PURPOSES.  Full Article

TLG Immobilien FY FFO Up At EUR 134.0 Mln
Thursday, 21 Mar 2019 

March 21 (Reuters) - TLG IMMOBILIEN AG ::PROPOSED DIVIDEND OF EUR 0.91 PER SHARE.FY FFO INCREASED BY AROUND 31% TO EUR 134.0 MILLION, RENTAL INCOME INCREASED BY 33% TO EUR 223.9 MILLION.FFO FORECAST 2019 - INCREASED BY AROUND 5% TO BETWEEN EUR 1.35 AND EUR 1.38 PER SHARE (NOT INCLUDING FUTURE ACQUISITIONS OR DISPOSALS).  Full Article

TLG Immobilien Appoints Jonathan Lurie To Supervisory Board
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - TLG IMMOBILIEN AG ::JONATHAN LURIE APPOINTED TO THE SUPERVISORY BOARD OF TLG IMMOBILIEN.LURIE WILL TAKE OVER FROM DR CLAUS NOLTING WHO STEPPED DOWN ON 31 DECEMBER 2018.LURIE APPOINTED FROM 15 FEBRUARY 2019 UNTIL END OF NEXT GENERAL MEETING ON 21 MAY 2019.  Full Article

DIC Asset Signs Agreements With View To Disposal Of About 14% In TLG Immobilien
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - DIC Asset AG ::DGAP-ADHOC: DIC ASSET AG: DIC ASSET AG GROUP SIGNS AGREEMENTS WITH A VIEW TO THE DISPOSAL OF A PARTICIPATION OF APPROXIMATELY 14% IN TLG IMMOBILIEN AG.SIGNED AGREEMENTS FOR A PURCHASE PRICE WHICH IS HIGHER THAN CURRENT STOCK EXCHANGE PRICE.RESULTING SUBSTANTIAL PROFIT GOES DIRECTLY INTO BALANCE SHEET PROFIT OF DIC ASSET AG GROUP.TOTAL PURCHASE PRICE HAS MAGNITUDE OF APPROXIMATELY EUR 376,000,000.PROCEEDS WILL BE USED FOR GROWTH OF BUSINESS OF DIC ASSET AG..CLOSING OF TRANSACTIONS IS EXPECTED TO TAKE PLACE AT END OF Q1/BEGINNING OF Q2 2019 AT LATEST.  Full Article

TLG Immobilien Increases 9-mth FFO By Around 43% And Rental Income By Around 42%
Friday, 9 Nov 2018 

Nov 9 (Reuters) - TLG Immobilien AG ::DGAP-NEWS: TLG IMMOBILIEN INCREASES ITS FFO BY AROUND 43% AND RENTAL INCOME BY AROUND 42% IN THE FIRST THREE QUARTERS OF 2018.9-MONTH FUNDS FROM OPERATIONS (FFO) INCREASED BY 43.3% TO EUR 100.4 M.9-MONTH RENTAL INCOME INCREASED BY 42% TO EUR 166.4 M COMPARED TO SAME PERIOD IN PREVIOUS YEAR.FFO IS EXPECTED TO BE AROUND EUR 133 M BY END OF 2018.  Full Article

TLG Immobilien: Members Of Management Board Peter Finkbeiner And Niclas Karoff To Terminate Collaboration
Friday, 14 Sep 2018 

Sept 14 (Reuters) - TLG IMMOBILIEN AG ::TWO MEMBERS OF MANAGEMENT BOARD PETER FINKBEINER AND NICLAS KAROFF TO TERMINATE COLLABORATION WITH EFFECT FROM 31 OCT.  Full Article