EANS-Adhoc: immigon portfolioabbau ag immigon portfolioabbau ag purchases a
part of the hybrid capital notes issued by Investkredit Funding Ltd. (ISIN DE
0009576108) and starts a purchase offer for the outstanding hybrid capital notes
(1 December 2016)
--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is solely responsible for the content of this announcement.
--------------------------------------------------------------------------------
other/Company Information
01.12.2016
The management board (Vorstand) of immigon portfolioabbau ag (formerly
Österreichische Volksbanken-Aktiengesellschaft), Peregringasse 2, 1090 Vienna,
FN116476p ("immigon") has, in compliance with the statutory wind-down
obligation, resolved to accept a purchase offer from two holders (affiliated
with each other) of a total nominal value of at least EUR 12,538,000.00 and a
maximum of EUR 12,618,000.00 of the hybrid capital notes (ISIN DE 0009576108)
(the "Hybrid Capital Notes") issued by Investkredit Funding Ltd. for cash at a
price of 75 per cent. of the nominal value of the Hybrid Capital Notes, which
totals more than 50 per cent. of the total outstanding issue of Hybrid Capital
Notes. The principal held by the other investors in respect of the totally
issued amount of the Hybrid Capital Notes amounts to at least EUR 12,451,000.00
and a maximum of EUR 12,531,000.00 after immigon's purchase.
Furthermore, on 1 December 2016, the managing board of immigon has resolved to
invite the holders of the Hybrid Capital Notes to offer Hybrid Capital Notes to
immigon for purchase for cash at a price of 75 per cent. of the nominal value of
the Hybrid Capital Notes on the terms and subject to the conditions set out in
an Invitation Memorandum.
The offer period starts on 2 December 2016 and is due to expire on 22 December
2016 by 5.00 pm CET on such date.
The invitation to offer the Hybrid Capital Notes for purchase by immigon is
solely based on the Invitation Memorandum dated 1 December 2016 which is -
subject to the invitation and distribution restrictions - available on immigon's
homepage (http://www.immigon.com) under the headings "Emissions" and "Buyback
offers" and may be obtained from Citibank, N.A., London Branch as Tender Agent
or under treasury@immigon.com.
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, AT000B059456
Securities issued by immigon are admitted to trading on the following stock
exchanges:
Geregelter Freiverkehr 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
--------------------------------------------------------------------------------
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