Basel, 29 September 2021 – The Extraordinary General Meeting (EGM) of HIAG Immobilien Holding AG held on 29 September 2021 approved all proposals of the Board of Directors by a large majority. A total of 7,494,449 shares respectively 88.87% of the voting capital of HIAG Immobilien Holding AG were represented by the independent proxy. Due to the remaining tense situation in connection with the COVID-19 pandemic, and based on COVID-19 regulation 3, the meeting was held without the personal participation of the shareholders.

Creation of approved share capital
The shareholders of HIAG Immobilien Holding AG agreed by a vast majority to the creation of approved share capital of a maximum of CHF 1,700,000 through the issue of a maximum of 1,700,000 registered shares with a nominal value of CHF 1.00 each for a period of two years until 29 September 2023. If the market environment is favourable, HIAG plans to issue new registered shares by way of a rights issue, probably in the 4th quarter of 2021. As previously communicated, the anchor shareholders intend to participate in the rights issue with 15 to 20% of their subscription rights, which is expected to lead to an increase in the free float from currently just under 37% to approximately 45%. In addition, the anchor shareholders and HIAG Immobilien Holding AG have agreed to a lock-up period of 12 months after the listing of the new shares. Zürcher Kantonalbank is acting as sole lead manager in the planned rights issue.

Real estate specialist Anja Meyer elected to the Board of Directors
Also by a great majority the shareholders of HIAG Immobilien Holding AG elected real estate specialist Anja Meyer on 29 September 2021 as a member of the Board of Directors for a term of office until the conclusion of the next Annual General Meeting.