Ad hoc announcement Vienna , 08 March 201 8
IMMOFINANZ AG resolves share buyback program me 1/201 8
IMMOFINANZ AG plans to execute a further share buyback programme . On 08 March 201 8 the
management board and the supervisory board resolved on the basis of the authorisation granted
by the 2 4th ordinary shareholders’ meeting dated 01 June 201 7 pursuant to section 65 para 1 no 8
Austrian Stock Corporation Act to execute a share buyback program me (“share buyback
programme 1/201 8”).
Repurchases of shares in the course of the share buyback program me 1/201 8 will be carried out
by IMMOFINANZ AG or one of its subsidiaries. The volume amounts up to a maximum of 15 million
shares . The repurchase is expected to start at the earliest on 14 March 201 8 (see below for the
conditions of the program me ).
Details on the share buyback program me 1/2018 will be available under
https://www.immofinanz.com/en/investor -relations/our -share/share -buyback -programmes .
Conditions of the share buyback program me 1/201 8:
Date of the authorisation by the shareholders‘ meeting pursuant to section 65 para 1 no 8 Austrian
Stock Corporation Act:
01 June 201 7
Date and publication of the authorisation :
01 June 201 7 via the information distribu tion system pursuant to section 118 para 1 no 9 in
connection with section s 1 no 22 and 119 para 9 Austrian Stock Exchange Act 2018 in connection
with section 11 Austrian Publication and Reporting Regulation (now section 2 Austrian Distribution
and Reporting Regulation 2018)
Commencement and anticipated duration :
Expected 14 March 2018 at the earliest until 31 De cember 2018
Class of Shares :
Bearer shares (ISIN AT0000809058)
Intended Volume :
Up to 15 ,000 ,000 shares , correspond ing to approx. 1.34 % of the current nominal share capital of
the Company .
Purchase Price :
Maximum consideration per share (highest price), both:
(i) 15% above the average of the volume weighted daily closing prices of the previous ten trading
days of the shares on the Vienna Stock Exchange; and
(ii) EUR 2. 81 .
Minimum consideration per share: EUR 1.0 0 (represented pro -rata amount of the share capital)
Form of repurchase:
Purchase via the stock exchange
Purpose of the repurchase:
Deployment of the treasury shares for legitimate purposes permitted by law and purposes in
accordance with the authorisation of the shareholders’ meeting dated 01 June 201 7
Consequences for the admission of IMMOFINANZ shares to stock exchanges:
The repurchase is lead -managed by a credit institution which makes its decision on the time of
acquisition independently from the Company and which has to comply with the conditions for
trading as defined in article 3 of the Commission Delegated Regulation (EU) 2016/1052 of 08 March
Disclosure according to section 5 para 4 Austrian Publication Regulation 20 18 : The details to be
published pursuant to section 7 Austrian Publication Regulation 20 18 regarding the transactions
carried out in the course of this share buyback program me as well as amendments of the share
buyback programme (as the case may be) to be published pursuant to section 6 Austrian
Publication Regulation 20 18 , will be published on the website of IMMOFINANZ AG
(https://www.immofinanz.com/en/investor -relations/our -share/share -buyback -programmes ).
This announcement replaces in accordance with section 9 Austrian Publication Regulation 20 18
the announcement pursuant to section 4 para 2 Austrian Publication Regulation 20 18 .
This announcement does not constitute a public offer to acquire IMMOFINANZ shares and does
neither obligate the Company nor one of its subsidiaries to accept offers to purchase IMMOFINANZ
IMMOFINANZ is a commercial real estate group whose activities are focused on the retail and
office segments of seven core markets in Europe: Austria, Germany, Czech Republic, Slovakia,
Hungary, Romania and Poland. The core business covers the management an d development of
properties, whereby the STOP SHOP (retail), VIVO! (retail) and myhive (office) brands represent
strong focal points that stand for quality and service. The real estate portfolio has a value of approx.
EUR 4.2 billion and covers more than 2 50 properties. IMMOFINANZ is listed on the stock
exchanges in Vienna (leading ATX index) and Warsaw. Further information under :
For additional information please contact :
Head of Corporate Commun ications a nd Investor Relations
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290 [email protected] [email protected]
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