GxP German Properties AG: GxP German Properties AG resolves capital increase against cash contributions with exclusion of subscription rights

Berlin (pta023/26.10.2021/18:30 UTC+2) The management board of GxP German Properties AG (hereinafter referred to as the "Company") has resolved today, with the consent of the supervisory board, by partially exercising the authorised capital pursuant to section 5 of the Company's articles of association, to increase the share capital of the Company from EUR 10,583,827.00 by EUR 1,058,382.00 (approx. 10% of the share capital) to EUR 11,642,209.00 by issuing 1,058,382 new no-par value bearer shares with a pro rata amount of the share capital of EUR 1.00 per share against cash contributions. The new shares are entitled to full dividend rights as of 1 January 2021.

The shareholders' subscription rights were excluded in the capital increase (simplified exclusion of subscription rights pursuant to section 186 para. 3 sentence 4 of the German Stock Corporation Act). For the subscription of the new shares, only the current majority shareholder Paccard eight GmbH (formerly Summit RE eight GmbH) was admitted. The issue price per new share is EUR 6.04 and is thus above the current stock market price.

The gross proceeds from the capital increase amount to EUR 6,392,627.28. It will be used to finance and strengthen the equity base of the Company for the successful implementation of the growth strategy. The expected proceeds from the capital increase will mainly be used to partially (re-)finance the HCOB Loan Facility (Thor Assets).

GxP German Properties AG
Management board
c/o Bartsch Steuerberatungs GmbH
Beiertheimer Allee 72
76137 Karlsruhe
Germany
Telephone: +49 (0)30 263 914 10
Fax: +49 (0)30 263 914 499
E-mail: info@gxpag.com

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Emitter:	GxP German Properties AG c/o Bartsch Steuerberatungs GmbH, Beiertheimer Allee 72 76137 Karlsruhe Germany
Contact Person:	Dr. Constantin Plenge
Phone:	+49 30 263 914 10
E-Mail:	info@gxpag.com
Website:	www.gxpag.com
ISIN(s):	DE000A2E4L00 (Share)
Stock Exchange(s):	Free Market in Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart