EANS-Adhoc: immigon portfolioabbau ag Results of the buyback programme for
subordinated notes (20 May 2016)
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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
20.05.2016
Results of the buyback programme for subordinated notes (20 May 2016)
On 12 April 2016 immigon portfolioabbau ag (formerly Österreichische
Volksbanken-Aktiengesellschaft), Peregringasse 2, 1090 Vienna, FN116476p
("immigon") announced the launch of a buyback programme for subordinated notes
and published the same on 13 April 2016. Creditors of a total of 14 subordinated
notes (the "Notes") were addressed and invited to offer immigon their
outstanding Notes for repurchase. On 18 May 2016, 17:00 CET the offer period
expired. The anticipated total consideration amount was EUR 150 million.
Offers received from investors comprised Notes with a total nominal volume of
around EUR 195 million. Following evaluation of offers received and prices
offered, the management board (Vorstand) of immigon resolved on 20 May 2016 to
accept offers for a total consideration amount including accrued interest of EUR
162 million.
Details of the results of the tender offer, of offers accepted as well as of the
Notes and their ISINs are, subject to access and offer and distribution
restrictions, available on immigon's homepage under
http://www.immigon.com/investorrelations under the heading "Ad-hoc releases" or
from the Tender Agent VB Services für Banken Ges.m.b.H.
Mandatory information pursuant to the Disclosure and Notification Regulation
(Veröffentlichungs- und Meldeverordnung - VMV)
The following issues of participation capital (Partizipationskapital) of immigon
are admitted to trading on a regulated market in a Member State of the European
Economic Area:
ISIN:
XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital
Certificates (issued by Banque de Luxembourg as trustee)
The five exchange-listed bonds issued by immigon with the highest nominal volume
outstanding are:
ISIN:
AT000B056544
AT000B053442
AT000B115902
AT000B060462
AT0000322458
Securities issued by immigon 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
Further inquiry note:
Thomas Heimhofer
immigon portfolioabbau ag
Mobil: +43 (0) 676 790 7890
Mail to: thomas.heimhofer@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