EQS-Adhoc: Aareal Bank AG: Conclusion of Delisting Agreement with Atlantic BidCo GmbH / Delisting offer announced by Atlantic BidCo GmbH at EUR 33.20 per share

EQS-Ad-hoc: Aareal Bank AG / Key word(s): Delisting Aareal Bank AG: Conclusion of Delisting Agreement with Atlantic BidCo GmbH / Delisting offer announced by Atlantic BidCo GmbH at EUR 33.20 per share 20-Sep-2023 / 17:40 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Conclusion of Delisting Agreement with Atlantic BidCo GmbH / Delisting offer announced by Atlantic BidCo GmbH at EUR 33.20 per share Aareal Bank AG ("Aareal" or the "Company") has today entered into a Delisting Agreement with its main shareholder Atlantic BidCo GmbH, which already holds just under 90% of the shares in the Company. Based on this agreement, the filing of an application for the revocation of the admission of the Aareal shares to trading on the regulated market (so-called delisting) shall take place. In accordance with the provisions of the Delisting Agreement, Atlantic BidCo GmbH will today publish its decision to make a public delisting offer against a cash consideration to the shareholders of Aareal to acquire all shares in Aareal not already directly held by the Bidder against payment of a cash consideration in the amount of EUR 33.20 per Aareal share. This amount is, subject to the determination by the German Federal Financial Supervisory Authority ("BaFin") and the final determination in the Offer Document, slightly above the minimum price estimated pursuant to sec. 39 of the German Stock Exchange Act (Börsengesetz). The Management Board and the Supervisory Board of the Company, both of which have approved the conclusion of the Delisting Agreement, support the announced delisting offer by Atlantic BidCo GmbH. Subject to the review of the public delisting offer document and the fulfilment of their legal obligations, the Management Board and the Supervisory Board of the Company intend to recommend to the shareholders of the Company to accept the offer in their joint reasoned statement to be published pursuant to section 27 of the German Securities Acquisition and Takeover Act (“WpÜG”). The Delisting Agreement also contains provisions regarding the financing support for the Aareal Bank AG in accordance with the investment agreement already concluded in the takeover procedure (2022) and thus also for the time after the revocation of the listing on the stock exchange. After the revocation of the stock exchange listing becomes effective, the shares of Aareal will no longer be admitted to trading or be traded on a domestic regulated market or on a comparable foreign market. End of Inside Information 20-Sep-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	Aareal Bank AG
	Paulinenstr. 15
	65189 Wiesbaden
	Germany
Phone:	[phone] - 0
Fax:	[phone] - 2332
E-mail:	[e-mail]
Internet:	www.aareal-bank.com
ISIN:	DE0005408116
WKN:	540811
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID:	1730771

End of Announcement	EQS News Service

1730771  20-Sep-2023 CET/CEST