POLIS IMMOBILIEN AG - no application for admission to an OTC segment
Berlin, 21 August 2015. The Board of Management of POLIS Immobilien AG, Berlin, today decided not to apply for the company's shares to be admitted to an OTC segment of a German Stock Exchange. This means that shares of POLIS Immobilien will no longer be traded in any stock exchange segment once the revocation of the admission of the company's bearer shares to quotation on the regulated market of the Frankfurt Stock Exchange (delisting) becomes effective on 7 October 2015, 24:00 h.
After a thorough examination of the various OTC segments, the Board of Management has arrived at the conclusion that even the reduced expenses would not justify the low economic benefit of a stock exchange listing arising for POLIS Immobilien AG. This also applies insofar as the company is very solidly financed, independently of the stock exchange, and does not plan to finance itself in the capital market in the foreseeable future.
End of ad-hoc announcement POLIS Immobilien AG, which was founded in Berlin in 1998, is a listed real estate company that buys, refurbishes/revitalises, and manages office properties for its own portfolio. The company focuses on one market segment: office properties in inner-city locations at the most important German office centres. The company acquires both fully leased properties with modern facilities, which generate a secure cash flow, as well as properties that are vacant or require modernisation, and which offer specific value appreciation potential. The company pursues a moderate buy-and-sell strategy. As of 30
June 2015, POLIS Immobilien's real estate portfolio comprised a total of 23 properties with a market value of around EUR 323 million. POLIS Immobilien shares are currently listed on the regulated market (Prime Standard, ISIN: DE0006913304) of the Frankfurt Securities Exchange. Further information can
be found at www.polis.de.
Dr. Alan Cadmus POLIS Immobilien AG Tel: +49 30 225 00 250
E-Mail: ir@polis.de
URL:www.polis.de
Christina Siebels
HOSCHKE & CONSORTEN Public Relations GmbH Tel: +49 40 36 90 50-58
E-Mail: c.siebels@hoschke.de
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