EANS-Adhoc: immigon portfolioabbau ag
Immigon agrees to sell VB Leasing
Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August 2015)
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Mergers - Acquisitions - Takeovers/Company Information 12.08.2015 Adhoc release in accordance with Austrian Stock Exchange Act / immigon portfolio ag Immigon agrees to sell VB Leasing Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August 2015) immigon portfolioabbau ag agreed to sell its 100% stake in VB Leasing Finanzierungsgesellschaft m.b.H., which it held via its subsidiary Unternehmensbeteiligungs Gesellschaft mit beschränkter Haftung, to BAWAG PSK Leasing GmbH. The relevant sale and purchase agreement was executed on 12 August 2015. The closing is anticipated for 4Q2015, subject to customary conditions, including regulatory approvals. VB Leasing Finanzierungsgesellschaft m.b.H.-Group held net customer receivables of EUR 653 million as at 30 June 2015. The Purchaser will replace 100% of the refinancing of VB Leasing Finanzierungsgesellschaft m.b.H.-Group of approx. EUR 650 million at closing. The deal economics were not disclosed. The sale of the stake in VB Leasing Finanzierungsgesellschaft m.b.H. is part of immigon's wind down plan. Mandatory information pursuant to the disclosure and notification regulation (Veröffentlichungs- und Meldeverordnung - VMV) The following issues of participation capital (Partizipationskapital) of immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on a regulated market in a Member State of the European Economic Area: ISIN: AT0000755665 Österreichische Volksbanken-AG Participation Certificates XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital Certificates (issued by Banque de Luxembourg as trustee) The five bonds issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) with the highest nominal volume: ISIN: AT000B056544 AT000B053442 XS0275528627 AT000B060462 AT000B115902 Securities issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on the following stock exchanges: Geregelter Freiverkehr of the Vienna Stock Exchange (Wiener Börse AG) Amtlicher Handel of the Vienna Stock Exchange (Wiener Börse AG) Regulated Market of Luxembourg Stock Exchange Open market (Freiverkehr) of Berlin Stock Exchange Open market (Freiverkehr) of Stuttgart Stock Exchange Open Market (Freiverkehr) of Frankfurt Stock Exchange Press contact: Thomas Heimhofer immigon portfolioabbau ag mobile: +43 (0)676 790 7890 email: thomas.heimhofer@outlook.com Further inquiry note: immigon portfolioabbau ag Thomas Heimhofer Mobil: +43 (0)676 790 7890 Mail to: thomas.heimhofer@outlook.com www.immigon.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: immigon portfolioabbau ag Peregringasse 2 A-1090 Wien phone: +43 (0)1 313 40-0 mail: info@immigon.com WWW: www.immigon.com sector: Banking ISIN: AT000B056544, AT000B053442, XS0275528627, AT000B060462, AT000B115902 indexes: stockmarkets: free trade: Berlin, Stuttgart, regulated dealing: Luxembourg Stock Exchange, Regulated free trade: Wien language: English
Original content of: immigon portfolioabbau ag, transmitted by news aktuell