Porr AG

M&A Activity • Jul 21, 2017

publication: 21.07.2017 13:20 source: http://adhoc.pressetext.com/news/1500636000045 keywords: PORR AG / Economy / Stock Exchange

Public disclosure of inside information according to article 17 MAR

PORR AG: PORR signs transfer agreements for takeover of Hinteregger Group

Vienna (pta017/21.07.2017/13:20) - In May 2017 PORR announced the basic agreement with the shareholders of the Hinteregger Holding on PORR taking an equity interest in the long-standing Salzburg company.

The requisite transfer agreements were signed today. The Hinteregger Group will be completely consolidated into the Group of PORR AG. 100% of the shares in the DYWIDAG Group will be transferred to the ownership of the family G. Klaus Hinteregger. The purchase price for the Hinteregger Group amounts to around EUR 29.8m.

Closing of the transaction is subject to further conditions, especially approval by the relevant competition authorities.

Contact: Sandra C. Bauer Head of Corporate Communications, Corporate Spokesperson PORR AG T. +43 (0)50 626-3338 M. +43 (0)664 626-3338 sandra.bauer*@*porr.at porr-group.com

emitter:	PORR AG Absberggasse 47 1100 Wien Austria
contact person:	Dir. Prok. Rolf Petersen
phone:	+43 50626-1199
e-mail:	rolf.petersen@porr.at
website:	www.porr-group.com
ISIN(s):	AT0000609607 (share), AT0000A19Y28 (bond), AT0000A19Y36 (bond), DE000A1HSNV2 (bond), XS1555774014 (bond)
stock exchanges:	official trade in Vienna; basic board in Frankfurt

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