23 November 2020, Road Town, Tortola, BVI 
 
   EPH European Property Holdings Ltd (the "Company"), an investment 
company listed on SIX Swiss Exchange which holds an extensive property 
portfolio with a total value of around USD 1.3 billion across Europe, 
announces its intention to issue and offer up to 4,500,000 new ordinary 
shares for a consideration equaling the last reported net asset value 
(as per 30 June 2020) in the amount of USD 38.82 per share (the "Offer 
Shares"). 
 
   EPH will hold a virtual conference on Monday, 30 November 2020 at 3 pm 
CET to explain details of the capital increase and the company's 
strategy. You are welcome to register for this event. Please contact 
https://www.globenewswire.com/Tracker?data=Traav0glkGksszsgWCkbyaUbPTtbBrxqn-3OhTWephihzzOknFfm8y4kiLJS7eUIF83y5G-Ned--YvryPbI3uuo0bmAepouqfR-oFE7DfahFB85szdzOF5oihPVW2dtB 
corporatefinance@valartis.ch to receive dial-in data. 
 
   The proceeds from the issue of the Offer Shares will be used for funding 
our future growth through, including, without limitation, the following: 
 
 
   -- acquisition of additional income generating or to be developed commercial 
      properties and investments in our existing real estate portfolio, 
      especially payment of the purchase price due at closing for the 
      acquisition of QBC 1, 2 & 7 in Vienna; 
 
   -- development of our real estate projects, especially the refurbishment of 
      the property LASS 1 in Vienna; 
 
   -- working capital or other general corporate purposes; 
 
   -- refinancing of existing debt and payment of interest on existing debt; 
 
 
   According to the Company's Memorandum and Articles of Association, the 
Offer Shares shall be firstly offered to the existing shareholders 
pro-rata to their shareholdings as held on the register of members on 
25(th)  November 2020, 5:30pm (Zurich time). Simultaneously, Offer 
Shares not taken up by existing shareholders pursuant to the 
subscription rights will be available for allocation to eligible 
investors by the Company. 
 
   It is expected that the offer of the Offer Shares shall take place from 
26(th) November until 10(th) December 2020. 
 
   Further information on the offer of the Offer Shares (offering circular 
and listing prospectus, subscription form etc.) may be received from 
Valartis Advisory Services SA, St. Annagasse 18, 8001 Zurich (Tel: +41 
44 503 5400 / E-Mail: corporatefinance@valartis.ch). 
 
   The offer of Offer Shares is authorized pursuant to the resolution of 
the board of directors of EPH European Property Holdings Limited dated 
23(rd) November 2020 and advised by Valartis Advisory Services SA. 
 
   This announcement is for information purposes only and does not 
constitute an invitation or offer to acquire, purchase or subscribe for 
the securities of the Company. 
 
   This announcement does not constitute an offer to sell or the 
solicitation of an offer to buy any securities in the United States or 
any other jurisdiction in which such offer, solicitation or sale would 
be unlawful prior to registration or qualification under the securities 
laws of any such jurisdiction. The shares of the Company have not been 
registered under the U.S. Securities Act and may not be offered or sold 
in the United States absent registration or an applicable exemption from 
the registration requirements of the U.S. Securities Act. No public 
offering will be made outside of Switzerland, including the United 
States. 
 
   EPH European Property Holdings Ltd. is an investment company listed on 
SIX Stock Exchange which holds an extensive property portfolio with a 
total value of around USD 1.3 billion. As part of its geographical 
diversification and strategic intentions to stabilise values and cash 
flows, the company currently invests exclusively in Western Europe. EPH 
is managed by Valartis International Ltd. a wholly-owned subsidiary of 
Valartis Group AG. Additional information on EPH European Property 
Holdings is available by contacting Anna Bernhart Tel: +41 44 503 5400 
or at contact@europeanpropertyholdings.com. 
 
   Attachment 
 
 
   -- 201123 EPH Press Release Initiation Share Cap Increase 
      https://ml-eu.globenewswire.com/Resource/Download/f93bb266-3a20-4edd-baad-9e00d2962c31

(END) Dow Jones Newswires

November 23, 2020 13:00 ET (18:00 GMT)