Other Capital Market Information | 8 October 2012 14:37
IMMOFINANZ AG / Release according to Article 82 Section 9 BörseG
08.10.2012 14:37
Dissemination of a Post-admission Duties announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Corporate News Vienna, 5 October 2012
Announcement according to Section 82 para 9 Austrian Stock Exchange Act
IMMOFINANZ AG
ISIN: AT0000809058
In the 19th ordinary shareholders' meeting of IMMOFINANZ AG held on 5
October 2012 the following resolutions have been passed in relation to item
9 of the agenda (authorisation of the executive board in relation to the
acquisition and sale of treasury shares):
'1. The authorisation of the executive board of the 18th ordinary
shareholders' meeting held on 28 September 2011 to repurchase treasury
shares shall be revoked and the executive board shall be authorised in
accordance with section 65 para 1 item 8 and para 1a and para 1b Austrian
Stock Corporation Act for a time period of 30 months starting with the date
of the resolution, with the consent of the supervisory board, to repurchase
treasury shares in the company up to 10% of the share capital of the
company, also with repetitive utilisation of the 10%-treshhold, both via
the stock exchange and off-exchange, also excluding the shareholders' right
to a pro-rata disposal of their shares. The authorisation may be exercised
in total or partially or also in several tranches and in pursuit of one or
several purposes. The consideration per share must not be below the limit
of EUR 0.10. The consideration per share to be paid shall not be higher
than 15% of the average of the volume weighted daily closing prices of the
previous ten trading days of the shares at the Vienna Stock Exchange. If
treasury shares are sold and repurchased by the company in the course of
financing transactions (e.g. repo transactions or swap transactions), the
consideration per share shall not be higher than the sale price plus an
appropriate interest rate.
2. The executive board shall be authorised in accordance with section 65
para 1b Austrian Stock Corporation Act for 5 years from the date of the
resolution, subject to the approval of the supervisory board, to
resolve on a mode of sale of treasury shares other than via the stock
exchange or via a public offering or to deploy the shares in other
forms, also excluding the shareholders' right to pro-rata purchase
(exclusion of subscription rights). The authorisation may be exercised
in total or partially or also in several tranches and in pursuit of one
or several purposes.
3. The executive board shall be authorised without further involvement of
the shareholders' meeting, with the consent of the supervisory board,
to redeem treasury shares and the supervisory board shall be authorised
to resolve upon amendments of the Articles of Association resulting
from the redemption of treasury shares.'
On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading 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 1,820 investment properties
with a carrying amount of approx. EUR 10.38 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.
For additional information please contact:
INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ AG
T +43 (0)1 88090 2312
M +43 (0)699 1685 7312
investor@immofinanz.com
MEDIA INQUIRIES
Armin Nowshad (currently representing Sandra Bauer)
Ecker & Partner Öffentlichkeitsarbeit und Public Affairs GmbH
T +43 (0)1 599 32 22
M +43 (0)660 821 55 38
a.nowshad@eup.at
08.10.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Internet: http://www.immofinanz.com
End of Announcement DGAP News-Service
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