EANS-Adhoc: KA Finanz AG
Possibility of future partial absorption of the business of Kommunalkredit
Austria AG
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- other 11.08.2014 Finanzmarktbeteiligung Aktiengesellschaft des Bundes (FIMBAG), the common shareholder of Kommunalkredit Austria AG (KA) and KA Finanz AG (the Company), will in the next days by way of a public call for tenders invite potentially interested parties to submit expressions of interest for a partial sale of KA in accordance with the EU's amending decision of 19 July 2013. Based on that decision, FIMBAG is authorised to sell the shares in KA held by it to an extent of up to 50% of the assets as at 19 July 2013, i.e. up to a maximum of EUR 5.8 billion. The Company is considering the possibility of absorbing the assets and liabilities of KA exceeding the volume of the partial sale by way of a demerger. Such absorption of assets would take place only in the event of the partial sale of KA being implemented. ISIN: AT0000441209; XS0140045302; XS0144772927; XS0185015541; XS0257275098; XS0270579856; XS0279423775; XS0286975973; XS0354530916 Stock exchanges: Vienna, Luxembourg Further inquiry note: KA Finanz AG Investor Relations Dinah Reiss 1092 Wien/Vienna, Türkenstraße/Tuerkenstrasse 9 Tel./Phone: +43/1/31 6 31-678 Fax: +43/1/31 6 31-505 oder/or 99678 Mail: d.reiss@kafinanz.at WWW: www.kafinanz.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: KA Finanz AG Türkenstraße 9 A-1092 Wien phone: +43/1/310 06 06 FAX: +43/1/310 06 06 - 404 mail: info@kafinanz.at WWW: www.kafinanz.at sector: Banking ISIN: - indexes: stockmarkets: stock market: Wien language: English
Original content of: KA Finanz AG, transmitted by news aktuell