EANS-Adhoc: immigon portfolioabbau ag
Results of buyback programme for
non-subordinated liabilities (15 October 2015)
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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.
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Capital measures/Company Information
15.10.2015
Results of buyback programme for non-subordinated liabilities (15 October 2015)
On 7 September 2015, immigon portfolioabbau ag (formerly Österreichische
Volksbanken-Aktiengesellschaft), Peregringasse 2, 1090 Vienna, FN116476p
("immigon") announced and published the launch of a buyback programme for
non-subordinated liabilities. Creditors of a total of 95 non-subordinated
liabilities in the form of bonds (Anleihen) (the "Instruments") were invited to
offer such Instruments to immigon for repurchase against payment in cash. This
invitation to submit offers for repurchase was primarily targeted at retail
investors, because (among other factors), in accordance with the terms and
conditions of the buyback programme, immigon treats tender instructions in
respect of Instruments in an aggregate principal amount or unit value not
surpassing EUR 250,000 (or the equivalent amount in another currency, if
applicable) as priority 1 tender instructions ("Priority 1 Tender Instructions")
and thus accepted in priority. The offer period expired on 14 October 2015 at
16:00 hours London time/ 17:00 hours CET.
The offers received from investors comprised Instruments with a total principal
amount or unit value of approximately EUR 49 m. Following evaluation of offers
received, the management board (Vorstand) of immigon resolved on 15 October 2015
to accept offers for a total consideration amount including accrued interest of
approximately EUR 53 million. Therefore, offers that do not qualify as Priority
1 Tender Instruction have also been accepted for repurchase.
Details of the results of the tender offer, of offers accepted as well as of the
Instruments and their ISINs or ID-Numbers (as applicable) are, subject to access
and offer and distribution restrictions, available on immigon's homepage under
http://www.immigon.com/investorrelations under the heading "Ad-hoc releases" or
from the Tender Agent Citibank, N.A., London Branch.
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
Certifi-cates (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
Further inquiry note:
Thomas Heimhofer
immigon portfolioabbau ag
Mobil: +43 (0) 676 790 7890
Mail to: thomas.heimhofer@immigon.com
end of announcement euro adhoc
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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