EANS-Adhoc: AvW Invest AG - No takeover requirement regarding S&T
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.
Company Information
06.05.2009
AvW Invest AG has been notified that AvW Gruppe AG sold 330,000 of its shares in S&T (SNTS.VI) today. 300.000 S&T shares were bought by an Austrian bank, 30.000 S&T shares by an Austrian fund.Consequently, AvW Invest AG and AvW Gruppe AG jointly hold less than 30% of the shares in S&T and therefore neither of the two companies is required to make a mandatory takeover bid.
AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS), which is domiciled in Krumpendorf at Lake Wörthersee, is active in two core business areas: equity investments and real estate. AvW´s shares are listed in the Standard Market Auction segment of the Vienna Stock Exchange.
end of announcement euro adhoc
Further inquiry note:
AvW INVEST AG
Mag. Brigitte Burger
Tel.: 04229/3621-24
mailto:b.burger@avw.eu
Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Standard Market Auction
Börsen: Börse Frankfurt / free trade
Börse Stuttgart / free trade
Wiener Börse AG / official dealing