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EANS-Adhoc: immigon portfolioabbau ag
Vienna Stock Exchange initiates proceedings to repeal the admission to trading of the participation certificates ISIN AT0000755665 (04 September 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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other/Company Information
04.09.2015


immigon: Vienna Stock Exchange initiates proceedings to repeal the admission to
trading of the participation certificates ISIN AT0000755665 (04 September 2015)

On 28 May 2015, in preparation of its de-merger, the general meeting of
Österreichische Volksbanken-Aktiengesellschaft (ÖVAG), the legal predecessor of
immigon portfolioabbau ag and issuer of the participation certificates ISIN
AT0000755665, resolved to reduce its registered share capital and its
participation capital. The de-merger and reduction of the registered share
capital and the participation capital became effective as of 4 July 2015.
As a result of the reduction of the registered share capital, the total nominal
value of the participation certificates ISIN AT0000755665 listed on the Official
Market of the Vienna Stock Exchange (Amtlicher Handel der Wiener Börse) fell
below the statutory minimum requirement of EUR 750,000. The Vienna Stock
Exchange has thus initiated proceedings to repeal the admission to trading of
the participation certificates ISIN AT0000755665 on 03 September 2015.
Pursuant to section 162 of the Federal Act on the Recovery and Resolution of
Banks (BaSAG), it would be contrary to the purpose of immigon portfolioabbau ag
as a wind-down company to increase its participation capital again. It must thus
be expected that the Vienna Stock Exchange will repeal the admission to trading
of the participation certificates ISIN AT0000755665 and that the participation
certificates ISIN  AT0000755665 will not be listed on a stock exchange in the
future.
  
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
Mobil: +43 (0)676 790 7890
email:  thomas.heimhofer@immigon.com


Further inquiry note:
immigon portfolioabbau ag
Thomas Heimhofer
Mobil: +43 (0)676 790 7890
Mail to:  thomas.heimhofer@immigon.com
www.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

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