Other Capital Market Information | 4 January 2013 16:49
IMMOFINANZ AG / Announcement according to section 5 Austrian Publication Regulation regarding treasury shares
04.01.2013 16:49
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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Vienna, 04 January 2013
IMMOFINANZ AG: Announcement according to section 5 Austrian Publication
Regulation regarding treasury shares
IMMOFINANZ AG has announced its intention to deploy treasury shares for
financing agreements to be concluded with banks. The financing volume
amounts to EUR 150 million.
In order to obtain the financing, based on the authorisation granted by the
19th ordinary shareholders' meeting of 05 October 2012 pursuant to section
65 para 1b and section 65 para 1 item 8 Austrian Stock Corporation Act,
101,605,741 treasury shares of IMMOFINAZ Group shall be sold to banks at
the then prevailing market value excluding the shareholders' right to
purchase shares (subscription rights) and the repurchase of the same number
of shares upon redemption of the financing transaction excluding the
shareholders' right to a pro-rata disposal shall be already agreed upon.
The repurchase price will be equal to the sale price of the shares.
In this context the details pursuant to section 5 Austrian Publication
Regulation 2002 are announced.
Intended Sale Intended Repurchase
(upon conclusion of the (upon redemption of the
financing transaction) financing transaction)
Date of the 05 October 2012 05 October 2012
authorisation (authorisation pursuant to sec (authorisation pursuant to
by the 65 para 1b Austrian Stock sec 65 para 1 item 8 Austrian
shareholder- Corporation Act) Stock Corporation Act)
s' meeting
(sec 5 para
2 item 1
Austrian
Publication
Regulation):
Date and 08 October 2012 via the 08 October 2012 via the
publication information distribution information distribution
of the system pursuant to section 81a system pursuant to section
authorisati- para 1 item 9 in connection 81a para 1 item 9 in
on (sec 5 with section 82 para 8 connection with section 82
para 2 item Austrian Stock Exchange Act in para 8 Austrian Stock
2 Austrian connection with section 11 Exchange Act in connection
Publication Austrian Publication and with section 11 Austrian
Regulation): Reporting Regulation. Publication and Reporting
Regulation.
Commencement Sale of the treasury shares Intended repurchase upon
and upon conclusion of the redemption of the financing
anticipated financing transactions at the transactions at the latest
duration earliest on 10 January 2013 prior to the expiration of
(sec 5 para and until 30 April 2013 at the the authorisation granted by
2 item 3 latest. the shareholders' meeting.
Austrian
Publication
Regulation):
Class of Bearer shares Bearer shares(ISIN
Shares (sec (ISIN AT0000809058). AT0000809058).
5 para 2
item 4
Austrian
Publication
Regulation):
Intended Up to 101,605,741 shares, Up to 101,605,741 shares,
Volume: (sec corresponding to approx 9.00% corresponding to approx 9.00%
5 para 2 of the current nominal share of the current nominal share
item 5 capital as at 04 January 2013 capital as at 04 January
Austrian in the course of the intended 2013, corresponding to the
Publication financing transactions. number of sold shares upon
Regulation): conclusion of the financing
transactions.
Maximum and Last daily closing price of Repurchase price is equal to
minimum the shares on the Vienna Stock the sale price of the shares
consideration Exchange prior to the upon conclusion of the
per share conclusion of the financing financing transactions.
(sec 5 para transactions.
2 item 6
Austrian
Publication
Regulation):
Way and Sale off-exchange to financing Repurchase off-exchange from
Purpose (sec banks in the course of the financing banks to repurchase
7 para 2 financing transactions. the shares upon redemption of
item 3 the financing transaction.
Austrian
Publication
Regulation):
Consequences None. None.
for the
admission of
IMMOFINANZ
shares to the
Vienna Stock
Exchange
(sec 5 para
2 item 8
Austrian
Publication
Regulation):
Disclosure according to section 5 para 4 Austrian Publication Regulation
2002: (i) The details to be published pursuant to section 7 Austrian
Publication Regulation 2002 regarding the transactions carried out in the
course of the sale an the repurchase as well as (ii) any amendments to the
announced terms (as the case may be) to be published pursuant to section 6
Austrian Publication Regulation 2002, will be published on the website of
IMMOFINANZ AG (www.immofinanz.com).
FOR REQUESTS:
INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T +43 (0)1 88090 2312
M +43 (0)699 1685 7312
investor@immofinanz.com
MEDIA
Bettina Schragl
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)5 7111 2290
M +43(0)699 1685 7290
communications@immofinanz.com
04.01.2013 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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