CPI Europe AG — AGM Information 2017

Jun 1, 2017

News Details

Other Capital Market Information | 1 June 2017 15:32

IMMOFINANZ AG: Other admission duties to follow

IMMOFINANZ AG / Release according to Article 82 Section 9 BörseG

01.06.2017 / 15:32
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.

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

IMMOFINANZ AG

ISIN: AT0000809058

In the 24th ordinary shareholders' meeting of IMMOFINANZ AG held on 01 June
2017 the following resolutions have been passed in relation to item 7 of
the agenda (authorisation of the executive board in relation to the
acquisition and sale of treasury shares):

'1. The authorisation of the executive board granted in the 23rd ordinary
shareholders' meeting on 29 September 2016 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shall be withdrawn and the executive board shall be authorised in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 period of 30 months from the date of the
adopted resolution, with the consent of the supervisory board, to
repurchase treasury shares in the company for a total of up to 10 per cent
of the share capital of the company, also under repeated use of the 10 per
cent threshold, both over the stock exchange and off-exchange, and with the
exclusion of the shareholders' right to sell their shares. The
authorisation may be exercised in full or in part or in multiple partial
amounts by the company, companies affiliated with it or by third parties
for their account, and in pursuit of one or more purposes. The equivalent
price per share must not fall below the level of EUR 0.10. The highest
equivalent price per share paid in the buy-back shall not be more than 15
per cent above the average of the volume weighted daily closing price of
the previous ten trading days of the shares on 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) or in
transactions involving securities lending or loans, the sales price shall
be the highest equivalent price for the buy-back in addition to appropriate
interest.

1. The authorisation of the executive board granted in the 23rd ordinary
   shareholders' meeting on 29 September 2016 to sell treasury shares
   shall be withdrawn and the executive board shall be authorised in
   accordance with section 65 para 1b Austrian Stock Corporation Act for a
   period of 5 years from the date of the adopted resolution, subject to
   the approval of the supervisory board, to sell and use treasury shares
   in another way than over the stock exchange or through a public
   offering, and also to hereby exclude the proportional purchase right of
   shareholders (exclusion of subscription right). The authorisation may
   be exercised in full or in part or in multiple partial amounts and in
   pursuit of one or more purposes.

2. The authorisation of the executive board granted in the 23rd ordinary
   shareholders' meeting on 29 September 2016 to redeem treasury shares
   shall be withdrawn and the executive board shall be authorised without
   further involvement of the shareholders' meeting, with the consent of
   the supervisory board, to redeem treasury shares. Treasury shares
   redeemed on the basis of this authorisation are to be deducted from the
   limit of 10 per cent according to item 1, whereas such deduction is not
   applicable for treasury shares currently held by the company or its
   subsidiaries. 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:

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

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 Language:    English
 Company:     IMMOFINANZ AG
              Wienerbergstraße 11
              1100 Wien
              Austria
 Internet:    http://www.immofinanz.com



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