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TLG Immobilien AG (TLGG.DE)

TLGG.DE on Xetra

24.85EUR
14 Oct 2019
Change (% chg)

€0.05 (+0.20%)
Prev Close
€24.80
Open
€24.90
Day's High
€24.90
Day's Low
€24.55
Volume
109,672
Avg. Vol
229,337
52-wk High
€28.10
52-wk Low
€21.24

Latest Key Developments (Source: Significant Developments)

TLG Immobilien Implements Several Steps Towards Business Combination With Aroundtown
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - TLG Immobilien AG ::HAS SUCCESSFULLY IMPLEMENTED SEVERAL STEPS TOWARDS A BUSINESS COMBINATION WITH AROUNDTOWN.FOLLOWING EXERCISE OF CALL OPTION, TLG'S SHAREHOLDING IN AROUNDTOWN INCREASES TO CA. 13.0%..INTENDS TO PURSUE DISCUSSIONS WITH AROUNDTOWN FOR BENEFIT OF BOTH COMPANIES AND THEIR SHAREHOLDERS TO CREATE A LEADING COMMERCIAL OFFICE PLATFORM IN EUROPE.  Full Article

TLG Immobilien places 1 bln eur in notes, bonds for Aroundtown stake buy
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - TLG Immobilien AG ::SAYS BLENDED INTEREST RATE OF 1,875% PER YEAR.SAYS ESTABLISHES LONG TERM FINANCING FOR TLG'S ACQUISITION OF SHARES OF AROUNDTOWN AND FUTURE GROWTH.  Full Article

Aroundtown SA Says Co has started Evaluation Of A Potential Merger With TLG Immobilien AG
Monday, 2 Sep 2019 

Sept 1 (Reuters) - Aroundtown Sa ::DGAP-ADHOC: AROUNDTOWN SA ANNOUNCES THE START OF EVALUATION OF A POTENTIAL MERGER WITH TLG IMMOBILIEN AG FOLLOWING TLG'S ACQUISITION OF 9.99% STAKE IN AROUNDTOWN FROM ITS LARGEST SHAREHOLDER AVISCO.BOARD RESOLVED TO START WITH EVALUATION OF A POTENTIAL MERGER WITH TLG AND TO COMMENCE DISCUSSIONS IN RELATION THERETO.  Full Article

TLG Immobilien Says Acquires Equity Stake Of 9.99% In Aroundtown SA
Monday, 2 Sep 2019 

Sept 1 (Reuters) - Tlg Immobilien Ag ::DGAP-ADHOC: TLG IMMOBILIEN AG ACQUIRES AN EQUITY STAKE OF 9.99% IN AROUNDTOWN SA AND COMMENCES DISCUSSIONS WITH AROUNDTOWN SA REGARDING A POTENTIAL BUSINESS COMBINATION.AGREEMENT TO PURCHASE 9.99% STAKE IN AROUNDTOWN FROM AVISCO GROUP FOR EUR1,016 MILLION.PRICE AGREED FOR STAKE PURCHASE VALUES AROUNDTOWN AT EUR 8.3 PER SHARE.STAKE PURCHASE IS ACCRETIVE TO FFO PER SHARE OF TLG FROM DAY 1.TLG IMMOBILIEN-CO, AVISCO CONCLUDED OPTION AGREEMENT PURSUANT TO WHICH TLG HAS RIGHT TO PURCHASE FROM AVISCO ANOTHER STAKE OF UP TO 4.99% OF AROUNDTOWN.PRICE PER SHARE OF OPTION IS EQUIVALENT TO PURCHASE PRICE OF STAKE PURCHASE.OPTION IS EXERCISABLE BY EITHER PARTY PRIOR TO FEBRUARY 28, 2020.AVISCO SUPPORTS POTENTIAL MERGER BETWEEN TLG AND AROUNDTOWN.CO ACQUIRES AN EQUITY STAKE OF 9.99% IN AROUNDTOWN SA.  Full Article

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