Österreichische Volksbanken-Aktiengesellschaft
EANS-Adhoc: Österreichische Volksbanken-Aktiengesellschaft /
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.
Spin-offs
10.12.2009
The Managing Board of Österreichische Volksbanken-Aktiengesellschaft discloses: In the course of today´s Managing Board meeting and Supervisory Board meeting respectively, the boards passed the resolution to sell 3 subsidiaries of Österreichische Volksbanken-AG (Volksbank Wien-AG, Bank für Ärzte und freie Berufe-AG, Immobank-AG) unless otherwise provided in the pending agreement to be given by the Austrian Financial Market Authority by the end of 2009. Unless otherwise provided in the pending agreement to be given by the Austrian Financial Market Authority (FMA) a majority stake in Volksbank Linz Mühlviertel reg. Gen. mbH, will be sold as well. This sale is expected to generate sales proceeds in total of some EUR 210 million.
The five biggest listed issues of Österreichische Volksbanken-Aktiengesellschaft in terms of issue volume: ISIN: XS0451759012 XS0417722393 XS0412533399 XS0271095357 AT000B053442
The issues of Österreichische Volksbanken-Aktiengesellschaft are listed on the following stock exchanges:
- Regulated unofficial market of Wiener Börse AG - Official trading of Wiener Börse AG - EUWAX segment of Baden-Württembergische Wertpapierbörse - Regulated market of Baden-Württembergische Wertpapierbörse - Regulated market of the Prague Stock Exchange - EURONEXT of the Amsterdam Stock Exchange - Regulated market of the Luxembourg Stock Exchange
end of announcement euro adhoc
Further inquiry note:
Walter Gröblinger
Tel.: +43/ (0) 50 4004-0
E-Mail: walter.groeblinger@volksbank.com
Branche: Banking
ISIN: AT0000755665
WKN:
Index: Standard Market Auction
Börsen: Prague Stock Exchange / stock market
Wien / official market