EANS-Adhoc: immigon portfolioabbau ag /immigon portfolioabbau ag starts a buyback programme for supplementary capital notes and publishes Minimum Tender Prices (6 October 2016)
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) 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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other/Company Information
06.10.2016
Ad-hoc release pursuant to the Austrian Stock Exchange Act (Börsegesetz -
BörseG)
immigon portfolioabbau ag starts a buyback programme for supplementary capital
notes and publishes Minimum Tender Prices (6 October 2016)
On 6 October 2016 the managing board of immigon portfolioabbau ag (formerly
Österreichische Volksbanken-Aktiengesellschaft), Peregringasse 2, 1090 Vienna,
FN116476p ("immigon"), has resolved to invite the holders of certain outstanding
supplementary capital notes, as indicated in Annex A (Anlage A) of the Tender
Offer Memorandum (the "Notes"), to offer the Notes to immigon for repurchase for
cash on the terms and subject to the conditions set out in a Tender Offer
Memorandum. Further, the managing board of immigon has resolved on the Minimum
Tender Prices for each Series of Notes which are contained in Annex A to the
Tender Offer Memorandum.
The Notes comprise in total 9 issuances of supplementary capital in the form of
bonds. The intended total consideration amount including accrued interest
according to the current market and trade convention is EUR 55,000,000. The
offer period starts on 7 October 2016 and is due to expire on 28 October 2016 by
5.00 pm CET on such date.
The invitation to offer the Notes for repurchase by immigon for cash is solely
based on the terms and subject to the conditions contained in the Tender Offer
Memorandum dated 6 October 2016 which may - subject to the invitation- and
distribution restrictions - be obtained from Ithuba Capital AG, Vienna (the
"Dealer Manager").
Details on the repurchase programme, including details on the Notes and their
ISINs and ID numbers are, subject to the invitation- and distribution
restrictions, available on immigon's homepage under (http://www.immigon.com)
under the heading "Emissions" and "Buyback offers" or from the Dealer Manager.
Mandatory information pursuant to the Disclosure and Notification Regulation
(Veröffentlichungs- und Meldeverordnung - VMV)
The following issues of participation capital (Partizipationskapital) of immigon
are admitted to trading on a regulated market in a Member State of the European
Economic Area:
ISIN:
XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital
Certificates (issued by Banque de Luxembourg as trustee)
The five exchange-listed bonds issued by immigon with the highest nominal volume
outstanding are:
ISIN: AT000B056544, AT000B053442, AT000B115902, AT000B060462, AT0000322458
Securities issued by immigon are admitted to trading on the following stock
exchanges:
Geregelter Freiverkehr 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