TAG Immobilien AG places 4,095,124 treasury shares with gross proceeds of €51.1 million

On 6 March 2017, TAG Immobilien AG placed 4,095,124 treasury shares, representing approximately 2.8% of the company's ordinary share capital, with institutional investors in an accelerated book-building process. The price of the placement shares was set at €12.48 per share which represents a 2.0% discount to the last XETRA-closing price.…