• ISIN: AT00BUWOG001
  • Land: Österreich

Nachricht vom 16.11.2018 | 11:22

BUWOG AG: Squeeze-out of minority shareholders of BUWOG AG registered

BUWOG AG / Key word(s): Squeeze Out
BUWOG AG: Squeeze-out of minority shareholders of BUWOG AG registered

16-Nov-2018 / 11:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Wien, 16. November 2018

Ad hoc-Announcement

Squeeze-out of minority shareholders of BUWOG AG registered

Vienna, 16. November 2018. The squeeze-out of the minority shareholders was registered today by the Commercial Court of Vienna pursuant to the Austrian Squeeze-Out Act, which has been resolved in the ordinary shareholders' meeting of BUWOG AG (BUWOG) on October 2, 2018. Therefore, as of today all shares held by the minority shareholders will be transferred by operation of law to the principal shareholder, Vonovia SE.

The resolution of the Commercial Court of Vienna will be effective as of today. Therefore, issued bearer shares held by the minority shareholders will, as today, merely evidence the claim for payment of the cash compensation.

The minority shareholders concerned will receive a cash compensation amounting to EUR 29.05 per BUWOG-share which will be paid out in line with the statutory requirements. As from today trading BUWOG shares on the stock exchange will not be possible anymore.

About the BUWOG Group
BUWOG AG, Hietzinger Kai 131, 1130 Vienna, Austria, is the leading German-Austrian full-service provider in the residential property business and now looks back on 67 years of expertise. Its property portfolio encompasses more than 49,300 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna and Warsaw since the end of April 2014. The primary shareholder of BUWOG AG is the DAX 30-listed Vonovia SE, Germany's leading residential company nationwide.


For further information, please contact:

[e] investor@buwog.com

[t] +43 1 87828-1327

Petra Klein
Assistant to the CEO
T +43 (0) 1 87828 1327

16-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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