DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/AGM/EGM
2016-09-29 / 16:06
The issuer is solely responsible for the content of this announcement.

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Shareholders approved a dividend of six Euro cents per share for the 2015/16 financial year today, Thursday, at the 23rd annual general meeting of IMMOFINANZ AG. The distribution will total approx. EUR 58.0 million. Based on the closing price on 30 April 2016, the dividend yield equals roughly 2.9%. The ex-dividend date is 30 September 2016, and payment will be made on 4 October 2016.

The dividend is classified as a repayment of capital under Austrian law (§ 4 (12) of the Austrian Income Tax Act) and is therefore not subject to withholding tax for natural persons who are resident in Austria and who hold IMMOFINANZ shares as part of their private assets.*
Michael Knap, Rudolf Fries, Christian Böhm and Nick J.M. van Ommen were also re-elected to the Supervisory Board at the 23rd annual general meeting. Their terms of office extend to the end of the annual general meeting that will vote on the release from liability for the 2020 financial year.

The IMMOFINANZ Supervisory Board remains unchanged and comprises six shareholder representatives (Michael Knap, Chairman, Rudolf Fries, Vice-Chairman, Christian Böhm, Nick J.M. van Ommen, Horst Populorum and Wolfgang Schischek) as well as three staff representatives.
The shareholders also approved all other points on the agenda of today's annual general meeting, including the conclusion of a settlement with the former Executive Board member Norbert Gertner. This out-of-court solution will result in cash inflows of approx. EUR 7.9 million to the IMMOFINANZ Group.

*) subject to certain assumptions, e.g. when the capital repayment exceeds the purchase cost of the shares for tax purposes

On IMMOFINANZ 
IMMOFINANZ is a commercial real estate company whose activities are focused on the retail and office segments of eight core markets in Europe: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Moscow. The core business includes the management and development of properties. The company has a real estate portfolio of approx. EUR 5.4 billion that covers more than 360 properties. IMMOFINANZ is listed on the stock exchanges in Vienna (leading ATX index) and Warsaw. Further information under: http://www.immofinanz.com

For additional information please contact:
Bettina Schragl
Head of Corporate Communications and Investor Relations T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com 
investor@immofinanz.com 

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2016-09-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English Company: IMMOFINANZ AG Wienerbergstraße 11 1100 Wien Austria Phone: +43 (0) 1 88090 - 2290 Fax: +43 (0) 1 88090 - 8290 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 ; Warschau, Wien (Amtlicher Handel / Official Market)  
   
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