Corporate | 1 March 2006 08:31
Subsidiary of Flughafen Wien AG purchases additional shares in Malta Airport
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Flughafen Wien AG announces that VIE Malta Ltd., a 100% subsidiary, has
acquired more than 10% of the shares in Malta Airport. Through its 57.1%
stake in the Malta Mediterranean Consortium, Flughafen Wien AG holds an
investment of 40.0% in Malta Airport. This latest transaction has now
increased the shareholding to a majority of more than 50%, which will allow
for joint control of Malta Airport by the consortium and the Flughafen Wien
subsidiary.
“Our previous activities in Malta Airport have been extremely successful.
Since our entry in 2002, the share price has doubled and earnings have
shown sound growth. This acquisition underscores our long-term commitment
to Malta Airport and will facilitate the implementation of our strategic
goals for the further development of the airport“, commented Herbert
Kaufmann, member and speaker of the Management Board of Flughafen Wien
Group, on the conclusion of this transaction.
The primary goal of Flughafen Wien AG is to further expand the scope of
business at this location together with the consortium partners and to also
successfully realise the previously introduced “Cruise & Fly” concept.
In addition, the expansion of the airport’s flight offering should improve
the attractiveness of this Mediterranean island both as a tourism
destination and a hub for air and sea cargo.
For additional information contact:
Robert Dusek
Flughafen Wien AG
Investor Relations
P.O. Box 1
A-1300 Flughafen Wien
Tel: +43/1/7007-23126
e-mail: r.dusek@viennaairport.com
(c)DGAP 01.03.2006
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language: English
emitter: Flughafen Wien AG
Postfach 1
1300 Wien-Flughafen Österreich
phone: +43-1-7007/23126
fax: +43-1-7007/23058
email: r.dusek@viennaairport.com
WWW: www.viennaairport.com
ISIN: AT0000911805
WKN: 091180
indexes: ATX
stockmarkets: Amtlicher Markt in Wiener Börse; Freiverkehr in
Berlin-Bremen, Hamburg, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) London
End of News DGAP News-Service
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