ADO Properties S.A.  / Key word(s): IPO22.07.2015 18:20Dissemination 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.---------------------------------------------------------------------------Not for release, publication or distribution, directly or indirectly, in orinto the United States, Australia, Canada or Japan or any otherjurisdiction in which the distribution or release would be unlawful.ADO Properties successfully places shares at EUR 20Berlin, 22 July 2015: ADO Properties S.A. ("ADO Properties" or the"Company"), a pure-play Berlin residential specialist, has set the offerprice for the shares offered in connection with its initial public offering("IPO") at EUR 20 per share. The new and existing shares were offered toinstitutional investors by way of an accelerated bookbuilding. At the setoffer price, ADO Properties has a market capitalization of EUR 700 million.A total of 22,825,000 shares of ADO Properties were placed, thereof10,000,000 newly issued shares from a capital increase and 10,750,000existing shares from the holdings of the sole and selling shareholder ADOGroup Ltd. An additional 2,075,000 existing shares of ADO Group Ltd. hasbeen allocated in connection with an over-allotment option.The total offer volume amounts to approximately EUR 456.5 million assumingfull exercise of the over-allotment option or around EUR 415 millionwithout the over-allotment option. The Company expects to receive grossproceeds of approximately EUR 200 million from the issuance of the newshares. After the completion of the IPO, ADO Group Ltd. will remaininvested in the Company with a stake of approximately 35 percent assumingfull exercise of the over-allotment option or approximately 41 percentwithout exercise of the over-allotment option. The resulting initial freefloat will amount to approximately 65 percent of the Company's post IPOshare capital, assuming full exercise of the over-allotment option.The shares of ADO Properties have been admitted to start trading on theregulated market (Prime Standard) of the Frankfurt Stock Exchange under theticker symbol ADJ (WKN: A14U78, ISIN: LU1250154413) on 23 July 2015.About ADO PropertiesADO Properties is a pure-play Berlin-based residential real estate companywith approximately 13,700 residential units, including recent acquisitions.The Company has a fully integrated, scalable in-house platform with its ownproperty management. Along with the responsibility for the condition of itsapartments and buildings, ADO Properties also assumes responsibilitytowards people, employees and neighborhoods. The portfolio of ADOProperties is focused on central locations in Berlin and attractivedistricts at the city's outskirts. DisclaimerThis announcement does not contain or constitute an offer of, or thesolicitation of an offer to buy or subscribe for, securities to any personin the United States, Australia, Canada, Japan or in any jurisdiction towhom or in which such offer or solicitation is unlawful.This release is not a prospectus. Investors should not purchase orsubscribe for any shares referred to in this press release except on thebasis of information in a prospectus to be issued by the Company inconnection with the offering of such shares.This release is not an offer of securities for sale in the United States ofAmerica. The securities referred to in this press release have not been,and will not be, registered under the US Securities Act of 1933, as amended(the "Securities Act"), and may not be offered or sold in the United Statesabsent registration or an applicable exemption from registration or in atransaction not subject to the registration requirements of the SecuritiesAct. There will be no public offer of the securities in the United Statesof America.Subject to certain exceptions under the Securities Act, the securitiesreferred to herein may not be offered or sold in Australia, Canada or Japanor to, or for the account or benefit of, any national, resident or citizenof Australia, Canada or Japan.22.07.2015 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:      ADO Properties S.A.              20 rue Eugène Ruppert              LK-2453 Luxembourg              Grand Duchy of LuxembourgPhone:        +49 (0)30-403 907 900Fax:          +49 (0)30-403 907 901E-mail:       office@ado.immoInternet:     www.ado.immoISIN:         LU1250154413WKN:          A14U78Listed:       Regulated Market in Frankfurt (Prime Standard) End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------