IMMOFINANZ AG / Release according to Article 82 Section 9 BörseG
01.10.2014 14:13

Dissemination of a Post-admission Duties announcement, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

Vienna, 1 October 2014

Announcement according to Section 82 para 9 Austrian Stock Exchange Act
IMMOFINANZ AG: Release of other admission duties to follow according to Article 82 Section 9 Austrian Stock Exchange Act

IMMOFINANZ AG

ISIN: AT0000809058

In the 21st ordinary shareholders' meeting of IMMOFINANZ AG held on 30 September 2014 the following resolutions have been passed in relation to item 8 of the agenda (authorisation of the executive board in relation to the acquisition and sale of treasury shares):

2. 'The authorisation of the executive board granted in the 19th ordinary shareholders' meeting on 5 October 2012 to purchase treasury shares shall be withdrawn and the executive board shall be authorised in accordance with section 65 para 1 no 8 and para 1a and para 1b Austrian Stock Corporation Act for a time period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 per cent of the share capital of the company, also with repetitive utilisation of the 10 per cent threshold, 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 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 per cent of the arithmetic mean of the average of the volume weighted daily closing price 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.
3. 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.

4. The executive board shall be authorised without further involvement of the shareholders' meeting, with the consent of the supervisory board, to redeem treasury shares. The number of shares redeemed on the basis of this authorisation shall be deducted from the 10 per cent threshold according to item 1. This does not apply for the redemption of treasury shares (i) currently held by the company or its subsidiaries or (ii) which are purchased in the course of the repayment of financing transactions deploying treasury shares (sale of treasury shares based on the authorisation of the company's shareholders' meeting of 5 October 2012). The supervisory board shall be authorised to resolve upon amendments of the Articles of Association resulting from the     redemption of treasury shares.'

For additional information please contact: 

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 

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



01.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

 
Language:     English
Company:      IMMOFINANZ AG
              Wienerbergstraße 11
              1100 Wien
              Austria
Internet:     http://www.immofinanz.com
 
End of Announcement DGAP News-Service  

---