BUWOG AG 

28.04.2014 14:07

Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Vienna, 28 April 2014

BUWOG AG: Change in the stake of voting rights of IMMOFINANZ AG
BUWOG AG announces according to section 93 para 2 Austrian Stock Exchange Act that IMMOFINANZ AG notified on 28. April 2014 in accordance with section 91 et seq. Austrian Stock Exchange Act, that IMMOFINANZ AG together with controlled undertakings crossed the reporting threshold of 45% in connection with the first admission to trading of the shares of BUWOG AG to the regulated market (amtlicher Handel) on the Vienna Stock Exchange and has at present (28 April 2014) a relevant interest with respect to voting rights of in total 48,810,607 shares in BUWOG AG representing voting rights of approx. 49% of the total number of 99,613,479 shares in BUWOG AG:
The relevant interest of voting rights according to sections 91, 92 Austrian Stock Exchange Act and section 91a Austrian Stock Exchange Act is described below:

1. Shareholder/Equity: IMMOFINANZ AG
Shares/Type of Instrument: BUWOG AG Ordinary Share (ISIN AT00BUWOG001) Exercise Period/Expiry Date: n.a./n.a.
Number of Equivalent Shares (number of shares/ %): 43,165,844 shares/approx. 43.33%

2. Shareholder/Equity: IMBEA IMMOEAST Beteiligungsverwaltung GmbH (100% subsidiary of IMMOFINANZ AG)
Shares/Type of Instrument: BUWOG AG Ordinary Share (ISIN AT00BUWOG001) Exercise Period/Expiry Date: n.a./n.a.
Number of Equivalent Shares (number of shares/ %): 564,476 shares/approx. 0.57%

3. Shareholder/Equity: IMMOFINANZ AG
Shares/Type of Instrument: Financing transaction with IMMOFINANZ AG shares/BUWOG AG shares combined with the right/obligation to purchase BUWOG AG shares (ISIN AT00BUWOG001) upon redemption of the financing transaction (section 91a para 1 Z 1 Austrian Stock Exchange Act). Exercise Period/Expiry Date: ongoing/25 March 2015 Number of Equivalent Shares (number of shares/ %): 5,080,287 shares/approx. 5.10%

IMMOFINANZ AG has subscribed in total the Convertible Bond due to 2019 (ISIN AT0000A17CA5) issued by BUWOG AG in the nominal value of EUR 260,000,000. Exercise Period (Conversion Period): 28 January 2015 - 1 March 2019. The number of equivalent shares (conversion rights pursuant to section 91a para 5 Austrian Stock Exchange Act) is not yet fixed. The Conversion Price corresponds to the arithmetic average of the daily closing prices of the BUWOG AG share in the XETRA-system of the Frankfurt Stock Exchange on the first five consecutive trading days from 28 April 2014 to 05 May 2014 (both days included), plus 40% (Conversion Premium). IMMOFINANZ AG has announced to file a notification pursuant to sections 91 et seq. Austrian Stock Exchange Act, after determination of the Conversion Price of the BUWOG AG Convertible Bond due to 2019 (ISIN AT0000A17CA5).

FOR REQUESTS:

INVESTORS RELATIONS
Holger Lueth 
Head of Investor Relations & Corporate Finance 
E-mail: holger.lueth@buwog.com 
Tel.: +43- 1- 878 28 1203 
Fax: +43- 1- 878 28 5203

MEDIA
Thomas Brey 
BUWOG - Press Office, c/o LUSTIG+BREY
E-mail: brey@lustigbrey.at
Tel.: +43- 1- 233 01 23-15
Mobil: 0676 / 542 39 09



28.04.2014 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:      BUWOG AG
              Hietzinger Kai 131  
              1130  Wien
              Austria
Internet:     www.buwog.com
 
End of Announcement DGAP News-Service  

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