Merger
Entitlement to potential supplementary cash payments or shares regarding exchange ratio
ISIN AT0000A0GYS9 (“IMMOFINANZ AG/entitlement to potential supplementary cash payments or shares regarding exchange ratio”)
ISIN AT000A0GYT7 (“IMMOEAST AG/entitlement to potential supplementary cash payments or shares regarding exchange ratio”)
Subject to §§ 225c Austrian Stock Corporation Act (“AktG”) shareholders of IMMOFINANZ AG as well as the former shareholders of IMMOEAST AG may apply for a subsequent judicial review of the exchange ratio within one month after the registration of the merger with the companies register (29 April 2010). To prepare for the case that the court awards entitlement to supplementary cash payments or shares, the securities account balance of each IMMOFINANZ shareholder as well as each IMMOEAST shareholder as of the merger date (29 April 2010) has been recorded with the above mentioned ISIN-numbers in order to provide for a correct distribution of potential supplementary cash payments or shares. For each IMMOEAST share and each IMMOFINANZ share as of the merger date (29 April 2010) one respective ISIN unit was recorded on the securities accounts.
The entitlement to supplementary cash payments or shares is dependent on an admissible petition for judicial review filed by shareholders as well as on supplementary cash payments or shares awarded to one shareholder group. The proceeding may take several months up to years. Only in such case supplementary cash payments or shares will be credited for each unit of the respective ISIN.
Vienna, 07 May 2010
Ad-hoc_Review of Exchange ratio_IMMOFINANZ shareholder_17062010.pdfAd-hoc_Review of Exchange ratio_IMMOEAST shareholders_15062010.pdf
Merger between IMMOEAST AG and IMMOFINANZ AG: Registration with the companies register and share exchange took place on 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 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 and IMMOEAST AG.
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.
Vienna, 15. April 2010
Polish Information Memorandum
regarding the shares of IMMOFINANZ AG allotted to IMMOEAST shareholders in Poland
Polskie Memorandum informacyjne
dotyczące akcji IMMOFINANZ AG przydzielonych na rzecz akcjonariuszy IMMOEAST w Polsce
Disclaimer
The Information Memorandum has been prepared under Polish law for the purposes of the exchange of shares of IMMOEAST AG with shares of IMMOFINANZ AG (“Exchange Shares”) in the course of the merger between the two companies. The share exchange in the Republic of Poland shall take place in accordance with the rules on public offerings under the Polish Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.
The Information Memorandum is solely addressed to shareholders of IMMOEAST AG that hold their IMMOEAST shares in the Republic of Poland through the Polish National Depository for Securities (NDS) and may not be relied upon by any other person. This Information Memorandum must not be treated outside the boundaries of the Republic of Poland as a proposal or offer of allotment or an offer to purchase any of the Exchange Shares allotted in the course of the merger. The Information Memorandum was not subject to registration, approval or notification with any state other than the Republic of Poland.
The dissemination of this Information Memorandum as well as an offer or sale of the Exchange Shares may be restricted by law in certain jurisdictions. Therefore persons in possession of this Information Memorandum are required to inform themselves about, and to observe, any such restrictions. Each and every deviation from these restrictions may constitute a breach of the provisions of law on trading in securities in force in any of the jurisdictions referred to above.
I confirm that I have read and understand, and agree to comply with the terms and conditions described above and that I am eligible to access the Information Memorandum in accordance with such terms and conditions.
Yes, I confirm No, I do not confirm
Oświadczenie
Niniejsze Memorandum informacyjne zostało przygotowane zgodnie z polskim prawem na potrzeby zamiany akcji spółki IMMOEAST AG na akcje spółki IMMOFINANZ AG (“Akcje Połączeniowe”) przeprowadzanej w ramach połączenia obu tych spółek. Zamiana akcji na terytorium Rzeczpospolitej Polskiej odbywać się będzie według zasad przewidzianych dla oferty publicznej określonych w polskiej Ustawie o ofercie publicznej i warunkach wprowadzania instrumentów finansowych do zorganizowanego systemu obrotu oraz o spółkach publicznych.
Niniejsze Memorandum Informacyjne jest przeznaczone wyłącznie dla akcjonariuszy IMMOEAST AG posiadających akcje IMMOEAST w Polsce za pośrednictwem polskiego Krajowego Depozytu Papierów Wartościowych (KDPW), w związku z tym nie mogą z niego korzystać żadne osoby trzecie. Niniejsze Memorandum Informacyjne nie może zostać wykorzystane poza granicami Rzeczpospolitej Polskiej jako propozycja lub oferta przydziału bądź też jako oferta zakupu jakichkolwiek Akcji Połączeniowych przydzielonych w związku z połączeniem. Niniejsze Memorandum Informacyjne nie podlegało rejestracji, zatwierdzeniu bądź notyfikacji w jakimkolwiek kraju poza Rzeczpospolitą Polską.
Rozpowszechnianie niniejszego Memorandum Informacyjnego, jak również oferta bądź sprzedaż Akcji Połączeniowych mogą podlegać ograniczeniom prawnym wynikającym z prawa niektórych jurysdykcji. W związku z tym, osoby które wejdą w posiadanie niniejszego Memorandum Informacyjnego powinni zapoznać się z takimi ograniczeniami i zastosować się do nich. Każde odstępstwo od wspomnianych ograniczeń może stanowić naruszenie przepisów prawa o obrocie papierami wartościowymi obowiązujących w którejkolwiek ze wspomnianych jurysdykcji.
Niniejszym oświadczam, iż zapoznałem(am) się z przedstawionymi powyżej warunkami, zrozumiałem(am) je i zgadzam się zastosować do nich. Oświadczam również, że w myśl powyższych warunków jestem upoważniony(a) do zapoznania się z niniejszym Memorandum Informacyjnym.
