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EANS-Adhoc: KA Finanz AG
Merger as notified through ad-hoc disclosure of 13/03/2015: Compensation and value of special rights

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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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other
26.06.2015


26/06/2015

KA Finanz AG (KF), referring to its ad-hoc disclosures dated 11/08/2014 and
13/03/2015, in which the partial sale of Kommunalkredit Austria AG (KA) and the
preceding demerger of the entire business operations of KA (incl. all its
subsidiaries) with parts of its assets and liabilities by way of a proportionate
demerger into a newly incorporated company (KA New) were announced, as well as
based on the decisions taken by the Supervisory Board today, 26/06/2015,
notifies the following: 

The Supervisory Board of KF, at its meeting today, adopted the following
decisions:
-  Merger of the part of KA remaining after the demerger (KA Residual) into KF;
-  Compensation for the rights of holders of special rights under 
   section 226 (3) Austrian Stock Corporation Act (Aktiengesetz, AktG) as
   follows:


ISIN Special right      Instrument       Nominal in EUR       Compensation
                                                              in % of nominal
XS0284217709    Supplementary capital      7,583,000               0%
XS0270579856    Supplementary capital     18,957,500               0%



The implementation of the demerger and the merger, as described above, is
subject to a number of conditions precedent and approvals to be granted by the
General Meetings of KF and KA and by the competent bank regulators, the European
Commission and other authorities.


ISIN:
AT0000441209; XS0140045302; XS0144772927; XS0185015541;
XS0257275098; XS0270579856; XS0279423775; XS0286975973;
XS0354530916


Stock exchanges: 
Vienna, Luxembourg
        
For further information, please contact:
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


Issuer: KA Finanz AG
Türkenstraße 9
A-1092 Wien
Telefon: +43/1/310 06 06
Fax +43/1/310 06 06-404
Mail:  info@kafinanz.at
WWW: www.kafinanz.at

Sector: Banks
ISIN: -
Indices:
Stock exchanges: Vienna Stock Exchange, Luxembourg Stock Exchange
Language: English


Further inquiry note:
KA Finanz AG
Treasury - Investor Relations
Dinah Reiss
A-1092 Wien, Türkenstraße 9
Tel.: ++43(0)1/310 06 06-678
Fax : ++43(0)1/310 06 06-505 or 99678
Mail:  d.reiss@kafinanz.at

end of announcement                               euro adhoc 
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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: Luxembourg Stock Exchange, Wien 
language:   English

Original content of: KA Finanz AG, transmitted by news aktuell

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