Corporate | 7 March 2012 14:55
IMMOFINANZ AG / Key word(s): Real Estate
07.03.2012 / 14:55
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The ATX committee meeting on 6 March 2012 officially approved a step that
was signalled mathematically several days before: as the first company in
the real estate branch, IMMOFINANZ AG successfully completed the leap into
the ATX five Index. The IMMOFINANZ share was first added to the leading
index of the Vienna Stock Exchange in March 2011.
Yesterday evening, the ATX committee confirmed the adjustment of the ATX
five: The IMMOFINANZ share replaces Telekom Austria and represents the
first property company in the Austrian top five. During the last five
trading days (at the end of February) IMMOFINANZ AG outpaced Telekom
Austria and thereby met the respective stock exchange requirements. The new
composition of the index will take effect on 19 March.
'Only one year after inclusion in the ATX, we have now joined the ATX five
- which further underscores the importance of IMMOFINANZ AG for the
Austrian financial market. This will give us greater visibility and
strengthen our position in the leading index - and should also have a
positive effect on the share development', commented Eduard Zehetner,
Chairman of the Executive Board of IMMOFINANZ AG. The IMMOFINANZ share now
joins OMV, Erste Group, Voestalpine and Andritz as one of the five largest
stocks in Vienna.
The ATX five is a price index that is weighted by market capitalisation,
and comprises the five ATX shares with the highest weighting. The
calculation is based on the ATX and takes place in real time. The ATX
representation and fundamental factors are also used for this calculation,
with the weighting of the individual shares identical to their standing in
the ATX. The last change in the composition of the ATX five was made in
December 2010. The ATX committee meets quarterly at the beginning of March,
June, September and December.
On IMMOFINANZ Group
IMMOFINANZ Group is one of the five largest listed property companies in
Europe and is included in the leading ATX index of the Vienna Stock
Exchange. Since its founding in 1990, the company has compiled a
high-quality property portfolio that now comprises more than 1,600 standing
investment properties with a carrying amount of approx. EUR 8.7 billion.
The core business of IMMOFINANZ Group covers the acquisition and management
of investment properties, the realisation of development projects and the
sale of objects. IMMOFINANZ Group concentrates its activities in the
retail, office, logistics and residential segments of eight regional core
markets: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania,
Poland and Russia. Further information under: www.immofinanz.com.
Contact:
For additional information contact:
INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ AG
M +43 (0)699 1685 7312
investor@immofinanz.com
Simone Korbelius
Investor Relations
IMMOFINANZ AG
T +43 (0)5 7111 2291
investor@immofinanz.com
MEDIA INQUIRIES
Sandra Bauer
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ AG
T +43 (0)5 7111 2292
M +43 (0)699 1685 7292
communications@immofinanz.com
A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com
End of Corporate News
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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 5 7111 - 2291
Fax: +43 (0) 5 7111 - 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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