DGAP-Ad hoc: ADO Properties S.A.

DGAP-Adhoc: ADO Properties S.A.: ADO Properties successfully places 3,499,999 new shares, generating gross proceeds of approximately EUR 100 million

ADO Properties S.A. / Key word(s): Capital Increase

20.04.2016 22:34

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada or Japan or any other jurisdiction in which the distribution or release would be unlawful.

- 3,499,999 new shares have been placed at a placement price of EUR 28.50 per share, resulting in gross proceeds of approximately EUR 100 million - Proceeds to be used for continued growth by acquiring further residential portfolios in Berlin in line with its strategy

Berlin, 20 April 2016: ADO Properties S.A. ("ADO Properties" or the "Company") has placed 3,499,999 new shares with institutional investors at EUR 28.50 per share by means of an accelerated bookbuild offering. The gross proceeds resulting from the transaction amount to approximately EUR 100 million. The Company intends to use the net proceeds to finance the acquisition of further residential portfolios in Berlin, thereby continuing its successful growth in line with its strategy, and for general corporate purposes. Post transaction, ADO Group Limited will retain its 37.0 percent shareholding in the Company.

The new shares are entitled to full dividend in respect of any dividend declarations by the Company after the date of issue of the new shares. The new shares are expected to be submitted to trading on 22 April 2016, without the publication of a securities prospectus, and will be included in the existing quotation on the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange. Settlement of the transaction is expected to take place on 25 April 2016.

Disclaimer

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

This release is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Any public offering of securities to be made in the United States of America would be made by means of a prospectus that could be obtained from the Company and would contain detailed information about the Company and management, as well as financial statements. There will be no public offer of securities in the United States of America.

The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

20.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: ADO Properties S.A. 20 rue Eugène Ruppert LK-2453 Luxembourg Grand Duchy of Luxembourg Phone: +49 (0)30-403 907 900 Fax: +49 (0)30-403 907 901 E-mail: office@ado.immo Internet: www.ado.immo ISIN: LU1250154413 WKN: A14U78 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------