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Disposal of treasury shares

Disposal of treasury shares October 2017

As announced in the ad-hoc release of 20 September 2017, IMMOFINANZ AG invited holders of the at that time outstanding at EUR 287.3 million 4.25% senior unsecured convertible bonds due 2018, ISIN XS0592528870 to an incentivized conversion.

On the Expiry Date 27 September 2017, 7 p.m. CET, of the incentivized conversion invitation, holders representing a volume of 88.6% of the outstanding convertible bonds have submitted offers to the company. All of these offers were accepted by the company.

The 61.8 million convertible bonds submitted for conversion raise claims for the delivery of 76.6 million IMMOFINANZ shares and 4.0 million BUWOG shares. As announced in the press release of 29 September 2017, IMMOFINANZ AG has used 13.1 million treasury shares for delivery under conversion declarations made and has created further 63.5 million shares from conditional capital. The distribution of shares took place on 2 October 2017.

Download: Publication pursuant to section 65 para 1a Austrian Stock Corporation Act, section 82 para 9 Austrian Stock Exchange Act in connection with section 5 Austrian Publication Regulation 2002 dated 11 Oct 2017 (423,54 kB, PDF)
Download: Corporate News on acceptance quota of 88.6% with respect of the outstanding volume of the convertible bonds due 2018 dated 29 Sep 2017 (364,40 kB, PDF)
Download: Ad-hoc Announcement on an incentivized conversion invitation to holders of the convertible bonds due 2018 dated 20 Sep 2017 (384,89 kB, PDF)

Disposal of treasury shares May 2017

As announced in the corporate news of 23 May 2017 the commercial court in Vienna has approved the settlement to end the legal review of the exchange ratio applied in the merger of IMMOEAST and IMMOFINANZ in 2010. The settlement provides for a compensation payment to the group of former IMMOEAST shareholders through distribution of additional IMMOFINANZ shares. In total, 29,985,306 additional IMMOFINANZ shares were distributed.

The shares were issued primarily from the company’s stock of treasury shares according to section 225j para 2 of the Austrian Stock Corporation Act. All 16,948,049 treasury shares, representing approximately 1.61% of current share capital, were distributed according to the conditions of the settlement approved by the court.

Download: Disposal of treasury shares - details on the transactions carried out (13,38 kB, XLSX)
Download: Corporate News on the approval and execution of settlement to finalise the review of the exchange ratio applied in the merger of IMMOEAST and IMMOFINANZ dated 23 May 2017 (370,90 kB, PDF)
Download: Publication pursuant to section 65 para 1a Austrian Stock Corporation Act, section 82 para 9 Austrian Stock Exchange Act in conjunction with section 5 Austrian Publication Regulation 2002 dated 23 May 2017 (265,44 kB, PDF)
Download: Ad-hoc announcement on the agreement in principle to settle the legal proceedings over the review of the exchange ratio applied to the merger of IMMOEAST and IMMOFINANZ dated 5 April 2017 (372,52 kB, PDF)
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