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STRABAG SE
Major Shareholding Notification • Dec 19, 2023
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Major Shareholding Notification
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News Details
Ad-hoc | 19 December 2023 11:26
STRABAG SE: MKAO Rasperia Trading Limited, with its 27.8% stake in STRABAG SE, to be transferred to Iliadis JSC
STRABAG SE / Key word(s): Investment
STRABAG SE: MKAO Rasperia Trading Limited, with its 27.8% stake in STRABAG SE, to be transferred to Iliadis JSC
19-Dec-2023 / 11:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
MKAO Rasperia Trading Limited, with its 27.8% stake in STRABAG SE, to be transferred to Iliadis JSC
- Iliadis JSC announces conclusion of purchase agreement for acquisition of 100% of the shares in MKAO Rasperia Trading Limited
- Execution of purchase agreement remains pending
- Sanctions review required
The Management Board of STRABAG SE was informed today by the Russian joint stock corporation Iliadis JSC and Oleg Deripaska, by means of a major holding notification pursuant to Sections 130ff of the Austrian Stock Exchange Act (BörseG), that Iliadis JSC on 14 December 2023 concluded a purchase agreement for 100% of the shares in MKAO Rasperia Trading Limited. The transaction has not yet been executed.
According to the shareholding notification, MKAO Rasperia Trading Limited would no longer be (indirectly) controlled by Oleg Deripaska once the purchase agreement is executed.
The company has no further information regarding the transaction. It is therefore currently not possible to carry out a sanctions review, so that the company continues to follow the assumption that the STRABAG shares held by MKAO Rasperia Trading Limited remain frozen in accordance with the EU Sanctions Regulation.
End of Inside Information
19-Dec-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
| Language: | English |
| Company: | STRABAG SE |
| Donau-City-Straße 9 | |
| 1220 Vienna | |
| Austria | |
| Phone: | +43 1 22422 – 1089 |
| Fax: | +43 1 22422 – 1177 |
| E-mail: | [email protected] |
| Internet: | www.strabag.com |
| ISIN: | AT000000STR1, AT0000A36HH9 |
| Listed: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 1800091 |
| End of Announcement | EQS News Service |