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Milestones

September 2018

Assumption of additional shares in DIC Real Estate GmbH in the framework of the cash capital increase in the total issue amount (including premium) of approximately EUR 1.6 million; increase of the share of TTL AG (directly and indirectly held investments) in the voting capital of DIC Real Estate GmbH to 50%.

Agreement on the strategic positioning with respect to DIC Real Estate GmbH.

Change of company name from DIC Real Estate GmbH to TTL Real Estate GmbH.

August 2018

Prof. Dr. Gerhard Schmidt assumes chairmanship of the supervisory board.

Conversion of outstanding convertible bonds.

Subscription to 3,475,000 new no-par value bearer shares using the 2017 I Contingent Capital; increase of the share capital of TTL AG to EUR 21,075,000.

July 2018

Acquisition of an additional 4.5% of the shares in DIC Real Estate GmbH for a purchase price of approximately EUR 7.2 million.

June 2018

Ordinary Shareholders’ Meeting creates financial framework for further growth by raising the existing 2018 Approved Capital and new Authorised Capital in the amount of EUR 8.8 million (2018 II Authorised Capital).

Granting authorisation to issue convertible bonds in the total nominal amount of up to EUR 60 million by increasing and revising the 2018 I Contingent Capital to EUR 4,033,334 (2018 II Contingent Capital).

Expansion of the Supervisory Board from three to five members. Election of two new Supervisory Board members Michael Bock and Jan Benedikt Rombach.

May 2018

Non-cash capital increase by approximately EUR 1.1 million to assume 2.46% of the shares in DIC Real Estate GmbH. Increase of TTL AG's total share (directly and indirectly held investments) in DIC Real Estate GmbH to 40.34% and increase in TTL AG’s indirect investment in GEG German Estate Group to 30.26%.

Cash capital increase in the amount EUR 701,711 under exclusion of the subscription right of shareholders.

April 2018

Non-cash capital increase by approximately EUR 1.6 million to assume 3.59% of the shares in Deutsche Immobilien Chancen Real Estate GmbH (DIC Real Estate GmbH), leading to the increase of TTL AG's total share (directly and indirectly held investments) in DIC Real Estate GmbH to 26.62% in total and TTL AG’s indirect investment in GEG German Estate Group to 19.96%.

Assumption of an additional 11.67% of the shares in DIC Real Estate GmbH. Increase of TTL AG's total share (directly and indirectly held investments) in DIC Real Estate GmbH to 37.89% in total and TTL AG’s indirect investment in GEG German Estate Group to 28.42%.

January 2018

Appointment of Thomas Grimm to member of the Board of Directors and CFO.

Extraordinary Shareholders’ Meeting created financial framework for further growth through Authorised Capital in the amount of EUR 7.1 million (2018 Authorised Capital) and authorisation to issue convertible bonds in the total nominal amount of up to EUR 11.5 million (2018/I Contingent Capital over EUR 2.3 million).

December 2017 Issuance of convertible bond in the total nominal amount of approximately EUR 9 million against a non-cash contribution to increase the indirect investment in GEG German Estate Group to 17.3%, thereby becoming the third-largest indirect shareholder alongside KKR Kohlberg Kravis & Roberts and Deutsche Immobilien Chancen Group.
October 2017 Theo Reichert – new company CEO.
July 2017 Capital increase of EUR 4.6 million against a non-cash contribution for the indirect investment in GEG German Estate Group of 10.4%.
March 2017 Capital increase of EUR 1.73 million against cash contributions with the subscription right of shareholders.
January 2017 Capital increase of EUR 1.25 million against a non-cash contribution of a 12.56% investment in DIC Capital Partners (Europe) GmbH, the anchor shareholder of Deutsche Immobilien Chancen Group.
November 2016 Restructuring agreement with AR Holding GmbH on refinancing and the balance sheet reconstruction of TTL AG.