EANS-Adhoc: Sparkassen Immobilien AG - repurchase program for S IMMO INVEST participating certificates
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.
Repurchase program for S IMMO INVEST participating certificates
18.01.2011
Following approval by the Supervisory Board, the Management Board of Sparkassen Immobilien AG (Bloomberg: SPI:AV, Reuters: SIAG.VI) adopted a program for the repurchase of S IMMO INVEST participating certificates (ISIN: AT0000795737 and AT0000630694; Bloomberg: SIIG:AV, Reuters: SIMIg.VI) on 18 January 2011. The Company may repurchase up to 5% of the certificates, or a total of 161,244 units, on the stock exchange. The Company reserves the right to cancel all or some of the certificates repurchased.
The maximum repurchase price is set at EUR 72.67 per participating certificate. The repurchase program will begin on 19 January 2011 and will end the latest on 08 April 2011.
Neither this announcement nor the repurchase program itself constitute a public offer by the Company to acquire participating certificates.
end of announcement euro adhoc
Further inquiry note:
Investor Relations:
Sylwia Milke
phone: +43(0)50100-27402
fax: +43(0)05100-927402
mailto:sylwia.milke@simmoag.at
www.simmoag.at
Corporate Communications:
Bosko Skoko
phone: +43(0)50100-27522
fax: +43(0)05100-927522
mailto:bosko.skoko@simmoag.at
www.simmoag.at
Branche: Real Estate
ISIN: AT0000652250
WKN: 065225
Index: ATX Prime, IATX
Börsen: Wien / official market