DGAP-Adhoc

IMMOFINANZ AG: Share Repurchase Program 2014-2015

IMMOFINANZ AG / Key word(s): Real Estate/Share Buyback

17.12.2014 10:58

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The executive board and the supervisory board of IMMOFINANZ AG have
resolved today to carry out a share repurchase program based on the
authorisation by the 21st ordinary shareholders' meeting of 30 September
2014 pursuant to section 65 para 1 no 8 Austrian Stock Corporation Act
after the redemption of 11,224,687 treasury shares of the Company.
Purchases of shares in the course of the share repurchase program 2014-15
will be carried out by IMBEA IMMOEAST Beteiligungsverwaltung GmbH, a 100%
subsidiary of IMMOFINANZ AG.


The conditions of the share repurchase program 2014-2015 are as follows:

Date of the authorisation by the shareholders' meeting pursuant
to section 65 para 1 no 8 Austrian Stock Corporation Act:
30 September 2014

Dates and publication of the authorisation:
01 October 2014 via the information distribution system pursuant to
sections 81a para 1 no 9 in connection with section 82 para 8 Austrian
Stock Exchange Act in connection with section 11 Austrian Publication and
Reporting Regulation

Commencement and anticipated duration:
23 December 2014 until 30 April 2015

Class of Shares:
Bearer shares (ISIN AT0000809058)

Intended Volume:
Up to 10,167,053 shares

Purchase price:
Maximum consideration per share (highest price), both:
(i) 15% above the average of the volume weighted daily closing prices of
the previous ten trading days of the shares on the Vienna Stock Exchange;
and
(ii) EUR 3.00.
Minimum consideration per share: EUR 1.04 (represented pro-rata amount of
the share capital)

Form of repurchase:
Purchase via the stock exchange

Purpose of the repurchase:
Deployment of the treasury shares for purposes in accordance with the
authorisation of the shareholders' meeting of 30 September 2014

Consequences for the admission of IMMOFINANZ shares to stock exchanges:
None


Disclosure according to section 5 para 4 Austrian Publication Regulation
2002: (i) The details to be published pursuant to section 7 Austrian
Publication Regulation 2002 regarding the transactions carried out in the
course of this repurchase programme as well as (ii) amendments of the
repurchase programme (as the case may be) to be published pursuant to
section 6 Publication Regulation 2002, will be published on the web-site of
IMMOFINANZ AG
(www.immofinanz.com/en/investor-relations/aktienrueckkaufprogramm/).

This announcement does not constitute a public offer to acquire IMMOFINANZ
shares and does neither obligate IMBEA IMMOEAST Beteiligungsverwaltung GmbH
nor the Company to accept offers to purchase IMMOFINANZ shares.


For requests please contact:

INVESTOR RELATIONS

Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T [phone]
M [phone]
[e-mail]


MEDIA INQUIRIES

Bettina Schragl
Head of Corporate Communications ǀ Press Spokesperson
IMMOFINANZ Group
T [phone]
M [phone]
[e-mail]


17.12.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: [phone] - 2291
Fax: [phone] - 8291
E-mail: [e-mail]
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in Open
Market ; Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News-Service

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