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DGAP-Adhoc: PATRIZIA Immobilien AG launches further share buy-back programme in a volume of up to 15 million Euro

| Quelle: Dow Jones Newswire Web
===

DGAP-Ad-hoc: PATRIZIA Immobilien AG / Key word(s): Share Buyback
PATRIZIA Immobilien AG launches further share buy-back programme in a volume
of up to 15 million Euro

13-Sep-2017 / 18:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The Management Board of PATRIZIA Immobilien AG has resolved today with the
approval of the Supervisory Board to implement a share buy-back programme.
By again exercising the authorization to acquire own shares granted by
resolution of the general shareholders meeting of 25 June 2015, the Company
will acquire own shares within the period between 15 September 2017 and 30
April 2018 via the stock exchange up to a maximum total purchase price of 15
million Euro (without ancillary costs). On the basis of the current share
price (16.91 Euro, XETRA closing price as of 12 September 2017) this would
amount to 887,049 shares and around 0.96 % of the registered share capital.
The share buy-back programme will be implemented under the direction of a
credit institution, which makes its trading decisions concerning the timing
of the purchases of the shares independently of PATRIZIA Immobilien AG.

In the course of the public share buy-back offer which expired on 7
September 2017, the Company acquired 2,011,980 own shares at a price of
17.40 Euro per share. The shares already acquired and the additional shares
to be acquired in the course of the share buy-back programme may be used for
all purposes permitted by law, in particular also as (partial) consideration
in connection with business combinations or for the acquisition of
companies, shareholdings in companies or part of companies.

Contact:
Martin Praum
Group Head of Investor Relations
Phone: +49 821 50910-402
investor.relations@patrizia.ag

13-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: PATRIZIA Immobilien AG
Fuggerstraße 26
86150 Augsburg
Germany
Phone: +49 (0)821 - 509 10-000
Fax: +49 (0)821 - 509 10-999
E-mail: investor.relations@patrizia.ag
Internet: www.patrizia.ag
ISIN: DE000PAT1AG3
WKN: PAT1AG
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

609545 13-Sep-2017 CET/CEST


===
(END) Dow Jones Newswires

September 13, 2017 12:15 ET (16:15 GMT)

PATRIZIA IMMO.

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