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MarketScreener Homepage  >  Equities  >  Xetra  >  TLG Immobilien AG    TLG   DE000A12B8Z4

TLG IMMOBILIEN AG

(TLG)
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PRESS RELEASE: TLG IMMOBILIEN AG announces appointment to the supervisory board

01/07/2021 | 10:51am EST
 
 DGAP-News: TLG IMMOBILIEN AG / Key word(s): Personnel/Real Estate 
TLG IMMOBILIEN AG announces appointment to the supervisory board 
 
2021-01-07 / 16:50 
The issuer is solely responsible for the content of this announcement. 
 
*NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE 
UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE 
U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN 
MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA 
(THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN 
ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS 
DOCUMENT.* 
 
*TLG IMMOBILIEN AG ANNOUNCES APPOINTMENT TO THE SUPERVISORY BOARD* 
 
Berlin, 07 January 2021 - TLG IMMOBILIEN AG (the "Company" or "TLG") 
announces that Mr. David Maimon was appointed as a third member of the 
supervisory board of the Company effective as of January 5, 2021 until the 
next Annual General Meeting of the Company scheduled on 28 May 2021. 
 
Contact 
TLG IMMOBILIEN AG 
E-Mail: IR@TLG.DE 
 
About the Company 
 
For over 25 years, the listed company TLG IMMOBILIEN AG has owned and rented 
out commercial properties in selected promising locations in Germany. The 
company continuously develops its portfolio and actively generates value 
through strategic investments and selected property acquisitions. The 
portfolio comprises mainly office properties in cities including Berlin, 
Dresden, Frankfurt/Main, Leipzig and Rostock. The properties of TLG 
IMMOBILIEN AG stand out not only due to their excellent locations but also 
because of their long-term rental or lease agreements. Its highly qualified 
employees guarantee extensive local market expertise at its individual 
locations. In 2020, TLG merged with Aroundtown SA (AT1) which is the 
controlling shareholder of TLG. 
 
2021-01-07 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     TLG IMMOBILIEN AG 
             Hausvogteiplatz 12 
             10117 Berlin 
             Germany 
Phone:       030 - 2470 - 50 
Fax:         030 - 2470 - 7337 
E-mail:      ir@tlg.de 
Internet:    www.tlg.de 
ISIN:        DE000A12B8Z4 
WKN:         A12B8Z 
Listed:      Regulated Market in Frankfurt (General Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Stuttgart, Tradegate Exchange 
EQS News ID: 1159195 
 
End of News DGAP News Service 
 
1159195 2021-01-07 
 
 

(END) Dow Jones Newswires

January 07, 2021 10:50 ET (15:50 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
AROUNDTOWN SA 0.48% 5.828 Delayed Quote.-4.77%
TLG IMMOBILIEN AG -0.43% 22.98 Delayed Quote.0.17%
TRADEGATE AG WERTPAPIERHANDELSBANK -7.09% 118 Delayed Quote.77.44%
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Financials
Sales 2020 251 M 305 M 305 M
Net income 2020 222 M 270 M 270 M
Net Debt 2020 1 624 M 1 976 M 1 976 M
P/E ratio 2020 11,0x
Yield 2020 3,99%
Capitalization 2 578 M 3 138 M 3 137 M
EV / Sales 2020 16,7x
EV / Sales 2021 16,5x
Nbr of Employees 153
Free-Float 9,56%
Chart TLG IMMOBILIEN AG
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Technical analysis trends TLG IMMOBILIEN AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 26,60 €
Last Close Price 22,98 €
Spread / Highest target 30,5%
Spread / Average Target 15,8%
Spread / Lowest Target -1,22%
EPS Revisions
Managers and Directors
NameTitle
Frank Roseen Chairman-Supervisory Board
Ronny Schneider Chief Operating Officer
Gerald Klinck Chief Financial Officer
Helmut Ullrich Member-Supervisory Board
Jonathan Lurie Member-Supervisory Board
Sector and Competitors
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