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CPI Europe AG — M&A Activity 2010
Apr 15, 2010
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M&A Activity
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Ad-hoc | 15 April 2010 18:41
IMMOFINANZ AG: Merger between IMMOEAST AG and IMMOFINANZ AG: Registration with the companies register and share exchange are expected for 29 April 2010
IMMOFINANZ AG / Mergers & Acquisitions
15.04.2010 18:41
Dissemination of an Ad hoc announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Vienna, 15 April 2010
Ad-hoc Press Release
IMMOFINANZ AG
IMMOEAST AG
Merger between IMMOEAST AG and IMMOFINANZ AG: Registration with the
companies register and share exchange are expected for 29 April 2010.
All requirements for the registration of the merger between IMMOEAST AG and
IMMOFINANZ AG with the companies register are fulfilled and 29 April 2010
has been preliminary confirmed by the Commercial Court Vienna as date of
registration ('Merger Date').
The Polish Financial Market Authority (FSA) has approved the information
memorandum for the IMMOFINANZ-Exchange Shares as document qualifying for
replacing a prospectus. The information memorandum in Polish will be
published on the website of IMMOFINANZ AG (www.immofinanz.com) within the
next days.
With the beginning of the Merger Date trading of the IMMOEAST shares (ISIN
AT0000642806) on the Vienna Stock Exchange will be terminated. Regarding
trading of IMMOEAST shares on the Warsaw Stock Exchange an application for
suspension of trading with the beginning of 23 April 2010 will be made.
The merger as well as the share capital increase of IMMOFINANZ AG of
approximately EUR 589 million for the issuance of approximately 567.4
million IMMOFINANZ-Exchange Shares (ISIN AT0000809058) to the shareholders
of IMMOEAST AG shall become effective upon its registration by the
Commercial Court Vienna with the companies register.
The share exchange with the agreed upon exchange ratio of three
IMMOFINANZ-Exchange Shares for two IMMOEAST shares will take place on the
basis of the securities accounts balances as of the beginning of the Merger
Date. The delivery of the IMMOFINANZ-Exchange Shares will take place via
the clearing system of the Oesterreichische Kontrollbank Aktiengesellschaft
and the custodians; delivery to securities accounts with Polish custodians
will take place via the Polish National Depository for Securities (NDS).
For further information in respect of the share exchange please refer to
the shareholder information published on the websites of IMMOFINANZ AG
(www.immofinanz.com) and IMMOEAST AG (www.immoeast.com).
IMMOFINANZ shares will not be listed on the Warsaw Stock Exchange in the
course of the merger. The application for listing of the
IMMOFINANZ-Exchange Shares on the regulated market of the Vienna Stock
Exchange has been filed and it is expected that trading in the Prime Market
will be assumed on or about the Merger Date.
Further information:
Investor Relations & Corporate Communications:
Margit Hermentin
IMMOFINANZ & IMMOEAST AG
T +43 (0)5 7111-2290
[email protected]
Press Coordination:
Christoph Edelmann
ACCEDO Austria GmbH
T +43 1 533 87 00
[email protected]
15.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: IMMOFINANZ AG
Gaudenzdorfer Gürtel 67
A-1120 Wien
Österreich
Phone: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
E-mail: [email protected]
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien
End of News DGAP News-Service