EANS-Adhoc: Kommunalkredit Austria AG
Privatization process not completed on
the basis of existing offers
16.05.2013 – 10:29
-------------------------------------------------------------------------------- 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/Privatisations 16.05.2013 Today, Kommunalkredit Austria AG (KA) was informed by Finanzmarktbeteiligung Aktiengesellschaft des Bundes (FIMBAG) which is responsible for the handling of the privatization process of KA on behalf of the Republic of Austria, that the privatization process was not completed on the basis of existing offers. A value preserving transaction for shareholders was not possible in the current market environment. As a result, KA remains in the ownership of the Republic of Austria. KA was further informed that the Republic of Austria has applied with the European Commission (EC) not to appoint a divestiture trustee. Conversely, KA will not effect any new lending activity. Existing as well as committed lending transactions as well as ongoing refinancing activity will continue. Language: German, English Issuer: Kommunalkredit Austria AG Tuerkenstrasse 9 1092 Vienna Austria Phone: +43/1/31 6 31-678 E-mail: investorrelations@kommunalkredit.at Internet: www.kommunalkredit.at ISIN: XS0285503248, XS0252707624, XS0437341307, AT0000329859, DE0002490505, XS0373257590, XS0340901908, XS0336932065, XS0302365134, XS0299062389, XS0289015777, XS0286031777, XS0271821513, XS0270872640, XS0267998481, XS0266826659, XS0261832942, XS0260020366, XS0255439803, CH0025662831, XS0253410236, XS0252786669, XS0252593198, DE000A0GPU96, XS0244843511, XS0241451581, CH0024015452, XS0236776877, XS0235597068, CH0022654518, CH0022280058, XS0219327524, XS0218834843, XS0218474533, XS0215839019, XS0215865287, XS0215246546, XS0214981812, XS0214564972, XS0213696916, XS0213230047, CH0020669583, XS0212122534, XS0211496590, XS0210167218, XS0205974701, XS0197387953, XS0187975262, XS0186736228, CH0017447787, XS0180539420, XS0176120268, XS0172076365, XS0166801174, XS0163624504, XS0160668181, XS0104786263, XS0100920353, AT0000A0H9X0, XS0495988072, XS0591640155, XS0592235187, XS0632936950, XS0641895577, XS0641895148, XS0641894927, XS0687890441 Stock exchanges: Vienna, Luxembourg, Frankfurt, Zurich Issuer: Kommunalkredit Austria AG Tuerkenstrasse 9 A-1092 Vienna Phone: +43 1 31 6 31 FAX: +43 1 31 6 31 105 Mail: kommunal@kommunalkredit.at WWW: www.kommunalkredit.at Sector: Banking ISIN: - Indexes: Stockmarkets: stock market: Vienna Language: English Further inquiry note: Kommunalkredit Austria AG Treasury Christoph Zoitl 1092 Vienna, Tuerkenstrasse 9 Phone: +43/1/31 6 31-433 Fax: +43/1/31 6 31-505 or 99433 E-mail: c.zoitl@kommunalkredit.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kommunalkredit Austria AG Türkenstraße 9 A-1092 Wien phone: +43 1 31 6 31 FAX: +43 1 31 6 31 105 mail: kommunal@kommunalkredit.at WWW: www.kommunalkredit.at sector: Banking ISIN: - indexes: stockmarkets: stock market: Wien language: English
Original-Content von: Kommunalkredit Austria AG, übermittelt durch news aktuell