DGAP-Adhoc: Deutsche Konsum REIT-AG resolves on capital increase from authorized capital

Publication of an inside information pursuant to Article 17 MAR

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN THE USA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION MAY BE UNLAWFUL OR IN WHICH THE OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS. THERE ARE OTHER RESTRICTIONS. SEE THE IMPORTANT NOTE AT THE END OF THIS PUBLICATION.

Deutsche Konsum REIT-AG resolves on capital increase from authorized capital

Broderstorf, 20 January 2020 - The management board of Deutsche Konsum REIT-AG (WKN A14KRD / ISIN DE000A14KRD3) (the "Company") today resolved, with the approval of the supervisory board of the Company, to increase the share capital of the Company from currently EUR 31,959,944.00 by EUR 995,994.00 to EUR 32,955,938.00 by issuing 995,994 new ordinary bearer shares with no par value, each such share with a notional value of EUR 1.00 of the Company's share capital (the "New Shares"), against cash contributions, making partial use of the existing authorized capital pursuant to Section 4 (3) of the Company's articles of association (the "Capital Increase"). The statutory subscription right of the Company's shareholders was excluded pursuant to Sections 203 (1), 186 (3) sentence 4 of the German Stock Corporation Act (AktG). The New Shares carry full dividend rights as of 1 October 2019 (so-called young shares; junge Aktien) and are therefore not entitled to dividends for the past financial year 2018/2019. They will trade under the separate ISIN DE000A254V12 until the dividend for the financial year 2018/2019 has been paid. The Company's administration will propose to the annual general meeting, which will take place on 5 March 2020, a dividend of EUR 0.35 per share.

Babelsberger Beteiligungs GmbH, a subsidiary of Obotritia Capital KGaA, has committed to subscribe for up to 230,000 New Shares. The remaining 765,994 New Shares shall be offered for purchase in a private placement by way of an accelerated bookbuilding process exclusively to institutional investors. The private placement will commence immediately after the publication of this announcement and end tomorrow before start of trading at the latest, or at short notice at any time before. An institutional investor committed to buy up to 765,994 New Shares in this private placement. ODDO BHF Aktiengesellschaft will act as sole bookrunner for the transaction.

The placement price of the New Shares will be determined in the accelerated bookbuilding process and is expected to be published no later than tomorrow.

The net issue proceeds from the Capital Increase shall be used by the Company to strengthen its equity base and to finance further acquisitions and acquisition opportunities in order to continue the successful growth course in the future.

The New Shares shall be admitted to trading on the regulated market of the Frankfurt Stock Exchange with simultaneous admission to the sub-segment thereof with additional post-admission obligations (Prime Standard) as well as on the regulated market of the Berlin Stock Exchange immediately after the Capital Increase has been registered with the commercial register which is expected to take place on 22 January 2020.

Contact:

Deutsche Konsum REIT-AG
Mr. Christian Hellmuth
Chief Financial Officer
August-Bebel-Str. 68
14482 Potsdam
Phone +49 331 74 00 76 517
Fax: +49 331 74 00 76 520
E-Mail: [email protected]

Important note

This announcement constitutes neither an offer nor a solicitation to purchase or subscribe for securities of the Company in the United States, Germany or any other jurisdiction.

This announcement is not intended for distribution, directly or indirectly, in or into the United States of America or within the United States of America (including its territories and possessions, any state or District of Columbia) and may not be distributed to U.S. persons (as such term is defined in Regulation S under the Securities Act) or publications with a general circulation in the United States of America. This announcement does not constitute or form part of any offer to sell or the solicitation of an offer to purchase or subscribe for any securities in the United States of America. The New Shares are not and will not be registered under the Securities Act and may not be offered or sold in the United States of America absent registration under the Securities Act as amended or an exemption from registration. The Company does not intend to conduct a public offering of New Shares in the United States.

Subject to certain exceptions under applicable securities laws, the New Shares referred to in this announcement may not be offered or sold in Canada, Australia or Japan, or to or for the account of persons resident in Canada, Australia or Japan. No action has been taken to offer, acquire or distribute the New Shares in any jurisdiction where this is not permitted. Anyone in whose possession this publication comes must inform themselves about and observe any restrictions.

This release contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the Company's management and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied. Actual results, results or events could differ materially from those described herein due to factors affecting the Company, including, but not limited to, changes in the general economic environment or competitive situation, capital market risks, foreign exchange rate fluctuations and competition from other companies, and changes in foreign or domestic laws or regulations, including, but not limited to, the tax environment. The Company assumes no obligation to update any forward-looking statements.

The accompanying bank or its directors, officers, employees, advisors or agents assume no responsibility, liability or guarantee for, and make no express or implied representation as to, the truth, accuracy or completeness of the information in this release (or the absence of any information in this release) or, with limited exceptions, any other information about the Company, its subsidiaries or affiliates, whether in written, oral or visual or electronic form, regardless of the form of transmission or provision, or for any loss arising in any way from the use of this communication or its contents or otherwise in connection therewith.

Contact:
Deutsche Konsum REIT-AG
Mr. Christian Hellmuth
CFO
August-Bebel-Str. 68
14482 Potsdam
Tel. 0331 / 74 00 76 - 517
Fax: 0331 / 74 00 76 - 520
E-Mail: [email protected]