YOUNIQ AG

EANS-News: YOUNIQ AG successfully concludes pre-placement of capital increase

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Capital measures/Restructuring & Recapitalisations

Frankfurt am Main (euro adhoc) - - Placement price set at EUR 7.50 per share - Placement of a total of 3,350,000 new shares - Issue volume of EUR 25.1 million serves to expand operating business - Precondition for restructuring of shareholder loan satisfied, providing additional EUR 35 million to boost equity

Frankfurt am Main, May 18, 2011 - YOUNIQ AG, a market-leading company for student apartments in Germany, has successfully concluded the pre-placement of its capital increase. A total of 3,350,000 new ordinary bearer shares could be placed. These new shares were subscribed for the offering price of EUR 7.50 per share by institutional investors in Germany and the rest of Europe. YOUNIQ AG will receive gross issue proceeds of EUR 25.1 million as a result of the offering. The proceeds will be used particularly in order to develop up to 3,500 new apartments for students in Germany, thereby further strengthening the company's market position.

Rainer Nonnengässer, CEO of YOUNIQ AG, expressed his pleasure with the successful transaction as follows: "We will target the issue proceeds towards investments in new projects at attractive further-education locations such as Hamburg, Stuttgart, Heidelberg, Munich and Mainz. With a target group of more than one million students in Germany, our current base of 1,804 high-quality apartments in both the portfolio and realisation phases offer us manifold growth opportunities. This will allow us to establish our YOUNIQ brand all over Germany." CFO Dr. Marcel Crommen went on to add: "We persuasively presented our business model to around 40 new institutional investors in both Germany and abroad. This underscores the fact that the student apartment asset class is playing an increasingly important role among investors. At the same time, we have created a broad shareholder base with this successful re-IPO, which allows us to tap new growth opportunities."

Following the pre-placement, Close Brothers Seydler Bank AG, Frankfurt am Main, will offer the new shares to individuals and entities entitled to subscribe for them by way of indirect subscription rights on the basis of a 2:1 subscription ratio in the period between May 19, 2011 inclusive and June 3, 2011 inclusive. This means that one new share can be subscribed for against two of the company's ordinary bearer shares currently held. Subscription rights trading will not be organised. The new shares that have been placed as part of the pre-placement do not carry subscription rights for the new shares forming part of the subscription offering. Once the subscription period expires on June 3, 2011, it will be determined to what extent the current capital increase will be implemented based on the approved capital totalling up to EUR 3,525,000.00. The final issue volume will be published prospectively on June 7, 2011.

At the same time, the successful transaction was a prerequisite for the legal effectiveness of the release agreement of major shareholder GOETHE INVESTMENTS S.à r.l. According to this release agreement, GOETHE INVESTMENTS S.à r.l. will waive the repayment of loan receivables increasing the balance sheet equity of YOUNIQ AG by more than EUR 35 million. This major shareholder wishes to use this release agreement to boost the company's attractiveness for the capital market, to optimise its financing costs, and to consequently enhance the profitability of YOUNIQ AG. It will also strengthen the company's net asset value, and reduce its gearing. In addition, this strengthening of the balance sheet will create further scope to foster the growth of YOUNIQ AG.

Disclaimer

This publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. No offer of securities of YOUNIQ AG, Frankfurt am Main is being or will be, made to the public outside Germany. The offer in Germany is being made exclusively on the basis of the securities prospectus which has been published and filed with the Bundesanstalt für Finanzdienstleistungsaufsicht. Any decision to invest in the securities of YOUNIQ AG, Frankfurt am Main offered should solely be based on the securities prospectus. Copies of the securities prospectus are available free of charge at the offices of YOUNIQ AG, Frankfurt am Main and at the offices of the underwriting banks.

This publication and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This publication does not constitute an offer for sale of any securities into the United States. Securities, including any shares of YOUNIQ AG, Frankfurt am Main in the course of the offer, may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as such term is defined in the Regulation S under the Securities Act of 1933 as amended (the "Securities Act")) unless they are registered under the Securities Act or exempt from registration. There will be no registration or public offer of any securities of YOUNIQ AG, Frankfurt am Main in the United States.

Company profile

YOUNIQ AG

YOUNIQ AG has focused on student accommodation since 2009. The company covers a significant range of the student accommodation value chain - ranging from the purchase of real estate and land, through project development including planning, planning permission procurement and construction, all the way through to commercial and technical management. YOUNIQ has developed into a leading provider for this segment with currently 1,804 high-quality apartments under management or under construction. These properties are located at eight sites in Germany, including Munich, Erlangen, Karlsruhe, Frankfurt am Main and Leipzig. YOUNIQ bundles its many years of experience in the project development and asset management areas for largely residential properties. Drawing on its historic business operations, YOUNIQ AG holds an additional legacy portfolio of 1,049 units that generates a stable rental income. YOUNIQ AG (ISIN: DE000A0B7EZ7, German Securities Identification Code/WKN: A0B7EZ) is listed on the Frankfurt Stock Exchange (General Standard).

Further information: www.youniq-group.de

Contact: Investor Relations cometis AG Ulrich Wiehle Tel.: +49 (0)611 - 205855-11 Fax: +49 (0)611 - 205855-66 E-mail: wiehle@cometis.de

end of announcement                               euro adhoc
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company:     YOUNIQ AG
          Neue Mainzer Strasse  28
          D-60311 Frankfurt am Main
phone:       +49(0)69 35101480
FAX:         +49(0)69 351014890
mail:     ir@youniq.de
WWW:      http://www.youniq-group.de
sector:      Real Estate
ISIN:        DE000A0B7EZ7
indexes:
stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, regulated dealing/general
          standard: Frankfurt
language: English 

Contact:

Kontakt:
Investor Relations
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 - 205855-11
Fax: +49 (0)611 - 205855-66
E-Mail: wiehle@cometis.de

Branche: Real Estate
ISIN: DE000A0B7EZ7
WKN: A0B7EZ
Börsen: Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Frankfurt / regulated dealing/general standard



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