IMMOFINANZ AG / Key word(s): Real Estate/AGM/EGM
16.04.2015 20:39

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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With ad-hoc announcement of 23 March 2015 IMMOFINANZ AG announced a voluntary partial public offer (section 4 et. seq. Austrian Takeover Act) for up to 29% of the share capital of CA Immobilien Anlagen AG. The management board has resolved today not to propose a resolution in tomorrow's extraordinary shareholders' meeting for the authorisation of the partial offer. Thus the partial offer for shares in CA Immobilien Anlagen AG will not be executed.

The reason for the decision is that the ordinary shareholders' meeting of CA Immobilien Anlagen AG on 28 April 2015 will - as proposed by O1 Group Limited - resolve upon amendments to the articles of association in order to increase the required majority for the dismissal of supervisory board members from single majority to 75% majority. Because of the 26% shareholding of O1 Group Limited it has to be assumed that the resolution to amend the articles of association will be passed. After that O1 Group Limited will be in the position to block resolutions to dismiss supervisory board members.

Against this background a partial offer for shares in CA Immobilien Anlagen AG is no longer deemed reasonable because an adequate influence of IMMOFINANZ on the supervisory board will not be possible due to the increase of the quorum to a 75% majority.


On IMMOFINANZ Group
IMMOFINANZ Group is the leading listed commercial real estate investor and developer in Central and Eastern Europe. The company is included in the leading ATX index of the Vienna Stock Exchange and also trades on the Warsaw Stock Exchange. Since its founding in 1990, the company has compiled a high-quality property portfolio that now comprises more than 470 investment properties with a carrying amount of approx. EUR 6.8 billion. As a "real estate machine" the company concentrates on linking its three core business areas: the development of sustainable, specially designed prime properties in premium locations, the professional management of these properties and cycle-optimised sales. IMMOFINANZ Group concentrates its activities in the retail, office and logistics segments of eight regional core markets: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Russia. Further information under: http://www.immofinanz.com / http://blog.immofinanz.com / http://properties.immofinanz.com

For additional information please contact:

MEDIA INQUIRIES
Bettina Schragl
Head of Corporate Communications | Press Spokesperson IMMOFINANZ Group 
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com

INVESTOR RELATIONS
Stefan Schönauer 
Head of Corporate Finance & Investor Relations 
IMMOFINANZ Group 
T +43 (0)1 88 090 2312 
M +43 (0)699 1685 7312 
investor@immofinanz.com 


16.04.2015 The DGAP 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
Phone:        +43 (0) 1 88090 - 2291
Fax:          +43 (0) 1 88090 - 8291
E-mail:       investor@immofinanz.com
Internet:     http://www.immofinanz.com
ISIN:         AT0000809058
WKN:          911064
Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart; Open Market in Frankfurt ; Wien (Amtlicher Handel / Official               Market)
 
End of Announcement DGAP News-Service  

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