Noratis AG successfully completes capital increase

EQS-News: Noratis AG / Key word(s): Capital Increase/Miscellaneous
Noratis AG successfully completes capital increase

07.12.2023 / 13:21 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Noratis AG successfully completes capital increase

Eschborn, December 7, 2023: Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK), a
leading portfolio developer of residential real estate in Germany, has
successfully completed its EUR 8 million capital increase. A total of 61.88%
of the shares were acquired under subscription rights. Merz Real Estate GmbH
& Co. KG ('Merz'), the main shareholder of Noratis AG, acquired all
unsubscribed shares and fully utilized its own subscription rights. A total
of 1,927,210 new shares were issued at EUR 4.15 per new share. Following the
capital increase, the Company's share capital amounts to EUR 6,745,237.00,
divided into the same number of shares.

The new shares will be included in the existing listing in the Scale segment
of the Frankfurt Stock Exchange. As part of the capital measure, Merz
acquired 734,566 new shares under the backstop and fixed subscription
agreement, thereby increasing its stake in Noratis AG to 59.9 %. The
proceeds from the issue will be used to strengthen liquidity and to repay a
promissory note loan.

About Noratis:

Noratis AG (www.noratis.de, ISIN: DE000A2E4MK4, WKN: A2E4MK) is a leader in
the development of residential real estate portfolios in Germany. The
company identifies and realizes potential for tenants and investors. In this
way, Noratis creates and maintains attractive living space throughout
Germany that is affordable at the same time. Noratis specializes in
upgrading aging residential properties, mostly factory apartments,
neighbourhoods and estates in cities with a population of 10,000 or more as
well as in secondary locations of metropolitan areas. After successful
development, the properties remain in the portfolio or will be sold in the
medium term to investors or in individual sales to existing tenants, capital
investors and owner-occupiers. In doing so, Noratis creates tangible and
sustainable added value for all stakeholders: from investors/shareholders,
buyers/sellers, service providers and employees to current and future
tenants. Noratis AG is listed on the Frankfurt Stock Exchange.

Contact Investor & Public Relations:

edicto GmbH
Dr. Sönke Knop
+49 (0)69 905 505 51
noratis@edicto.de
Eschersheimer Landstraße 42
60322 Frankfurt am Main


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07.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Noratis AG
                   Hauptstraße 129
                   65760 Eschborn
                   Germany
   Phone:          +49 (0) 69 / 170 77 68 20
   E-mail:         info@noratis.de
   Internet:       www.noratis.de
   ISIN:           DE000A2E4MK4
   WKN:            A2E4MK
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1792301

End of News EQS News Service
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1792301 07.12.2023 CET/CEST