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| 13.10.2008 |
Ad Hoc Announcement according to Section 48d Para 1 of the Stock Exchange Act |
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| Merger of IMMOFINANZ AG and IMMOEAST AG under evaluation |
Thomas Kleibl today assumes his position as a member and spokesman of the boards of IMMOFINANZ and IMMOEAST. Based on the overview he has gained over the past week, he will today hold a press conference on the future strategic focus of the IMMOFINANZ Group.
Amongst other measures, the advantages of a merger between IMMOFINANZ and IMMOEAST will be fully evaluated with a view to implementing this measure, should this move be determined to be in the best interests of the respective shareholders and companies. Thomas Kleibl is of the preliminary opinion that a merger would result in rise in value for both companies' shareholders. Should the evaluation come out in favour of a merger, general meetings are intended to be held in the first quarter of 2009.
Further information will be released over the course of the day at the press conference and via the Corporate News system. |
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