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DGAP-Ad-hoc News vom 16.12.2016

Raiffeisen Bank International AG: RZB and RBI have passed resolution on merger exchange ratio
Raiffeisen Bank International AG / Key word(s): Miscellaneous
16-Dec-2016 / 14:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Vienna, 16 December 2016. The Management Boards of Raiffeisen Zentralbank Österreich AG (RZB) and Raiffeisen Bank International AG (RBI) have passed a resolution on the exchange ratio for the merger of RZB and RBI. The current RBI free float percentage will be 34.9 per cent (previously 39.2 per cent, in each case based on the number of shares outstanding, which excludes treasury shares) following execution of the transaction. The number of shares issued will increase by 35,960,583 to 328,939,621.
Two internationally recognized appraisers were engaged by the Management Boards of RZB and RBI, independently of one another, to conduct comparative valuations based on dividend discount methodology according to international valuation standards. The fairness of the exchange ratio was additionally audited by an independent court appointed merger auditor in accordance with Austrian merger law and reviewed by the Supervisory Boards of RZB and RBI.

The Extraordinary General Meeting of RBI which is to vote on the merger, requiring a 75 per cent majority of the share capital present, is planned for 24 January 2017. The documents required for the merger resolution will be published by latest 23 December 2016.


For further information please contact:

Susanne E. Langer
Head of Group Investor Relations
Spokesperson
Raiffeisen Zentralbank Österreich AG
Raiffeisen Bank International AG
Am Stadtpark 9, 1030 Vienna, Austria
ir@rzb.at
ir@rbinternational.com
phone +43-1-71 707-2089
www.rzb.at
www.rbinternational.com



16-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de



   Language:    English
   Company:     Raiffeisen Bank International AG
                Am Stadtpark 9
                A-1030 Vienna
                Austria
   Phone:       +43-1-71707-2089
   Fax:         +43-1-71707-2138
   E-mail:      ir@rbinternational.com
   Internet:    www.rbinternational.com
   ISIN:        AT0000606306
   WKN:         A0D9SU
Listed: Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel                 / Official Market)



     End of Announcement    DGAP News Service