Deutsche Pfandbriefbank AG: IPO of Deutsche Pfandbriefbank AG: Offer price set at 10.75 EUR per share

Deutsche Pfandbriefbank AG  / Key word(s): IPO15.07.2015 18:59Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------WKN:  801900  ISIN: DE0008019001  Land: DeutschlandTHE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION OR DISTRIBUTION INOR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.IPO of Deutsche Pfandbriefbank AG: Offer price set at 10.75 EUR per share  -  Total gross volume of placement at around 1,156 million EUR includingover-allotment- Total number of placed shares amounting to 107,580,245 including6,589,289 over-allotted shares- Trading of shares on the Frankfurt Stock Exchange expected to commence on16 July 2015München, 15 July 2015 - Today, Hypo Real Estate Holding AG (HRE), jointlywith the syndicate banks and the German Federal Agency for Financial MarketStabilisation (Bundesanstalt für Finanzmarktstabilisierung, FMSA), has setthe offer price for the shares of Deutsche Pfandbriefbank AG (pbb) to beplaced in connection with the initial public offering (IPO) at 10.75 EURper share.A total of 107,580,245 shares from the holdings of HRE were placed with6,589,289 of them being placed in connection with an over-allotment(Over-Allotment Shares).Based on the offer price, the total gross volume of placement amounts toapproximately 1,156 million EUR (including approximately 71 million EUR dueto the over-allotment). Following the IPO, HRE will continue to hold 20% ofthe share capital of pbb the Greenshoe Option granted to the syndicatebanks in respect of the Over-Allotment Shares will be exercised in full;the shareholding may amount to up to 24.9% to the extent the GreenshoeOption will not be exercised.Trading of pbb shares (trading symbol PBB / ISIN DE0008019001) is expectedto commence on 16 July 2015 in the Prime Standard segment of the RegulatedMarket of the Frankfurt Stock Exchange.Disclaimer This announcement and the information contained herein are for informationpurposes only and do not constitute  an offer to sell or a solicitation ofan offer to buy or subscribe for any securities, particulary not  in theUnited States, Australia, Canada, Japan and  in any jurisdiction to whom orin which such offer or solicitation is unlawful. Any securities referred toherein have not been and will not be registered under the U.S. SecuritiesAct of 1933, as amended (the "Securities Act"), or the laws of any state ofthe United States, and may not be offered, sold or otherwise transferred inthe United States absent registration or pursuant to an available exemptionfrom registration under the Securities Act. Neither Deutsche PfandbriefbankAG nor its shareholder intends to register any securities referred toherein in the United States.This announcement contains forward-looking statements. These statements arebased on the current views, expectations, assumptions and information ofthe management of Deutsche Pfandbriefbank AG. Forward-looking statementsshall not be construed as a promise for the materialization of futureresults and developments and involve known and unknown risks anduncertainties. Actual future results or performance of DeutschePfandbriefbank AG or events relating to Deutsche Pfandbriefbank AG maydiffer materially from those described in such statements due to, amongother things, changes in the general economic and competitive environment,risks associated with capital markets, currency exchange rate fluctuations,changes in international and national laws and regulations, in particularwith respect to tax laws and regulations, affecting Deutsche PfandbriefbankAG, and other factors. Deutsche Pfandbriefbank AG does not assume anyobligations to update any forward-looking statements.Kontakt: Reiner Barthuber +49 (0) 89 2880 28 201Contact:Reiner Barthuber +49 (0) 89 2880 28 20115.07.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Deutsche Pfandbriefbank AG              Freisinger Strasse 5              85716 Unterschleissheim              GermanyPhone:        +49 (0) 89 2880 28 201Fax:          +49 (0) 89 2880 22 28 201E-mail:       info@pfandbriefbank.comInternet:     www.pfandbriefbank.comISIN:         DE0008019001, Eine vollständige Übersicht der Eigenemissionen              der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden              Sie unter,              www.pfandbriefbank.com/investor-relations/pflichtvero              effentlichungen/ad-hoc-mitteilungen.htmlWKN:          801900, Eine vollständige Übersicht der Eigenemissionen der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment)finden Sie unter, www.pfandbriefbank.com/investor-relations/pflichtveroeffentlichungen/ad-hoc-mitteilungen.htmlListed:       Regulated Market in Frankfurt , Munich, Stuttgart; Regulated              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover;              London, Mailand, Paris, Luxemburg, SIX End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------