DGAP-Adhoc

IMMOFINANZ announces the acquisition of 25,690,163 bearer shares and 4 registered shares in CA Immobilien Anlagen AG

IMMOFINANZ AG / Key word(s): Real Estate/Investment

18.04.2016 07:57

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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With share purchase agreement dated 17 April 2016, IMMOFINANZ AG has agreed
to acquire 25,690,163 bearer shares (corresponding to a participation of
approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft ("CA Immo")
from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1
Group Limited (Cyprus). The transaction is subject to conditions precedent,
in particular merger control clearance in Austria, Germany and other
jurisdictions as well as approval by the supervisory board of IMMOFINANZ AG
and approval of the management board of CA Immo for the transfer of the
registered shares.

The purchase price amounts to EUR 23.50 per share. Total value of the
transaction is approx. EUR 604 million which is intended to be funded with
additional debt and the issuance of a convertible bond.

In connection with the acquisition of the CA Immo stake, EG Immobilien
Europe Limited (Cyprus) has granted IMMOFINANZ AG a call option to buy back
those IMMOFINANZ shares which they may be holding 12 months after closing
of the CA Immo stake purchase at the then prevailing market price and
subject to the regulations for share repurchases.

The acquisition of the CA Immo stake is a first step towards a planned full
combination of IMMOFINANZ and CA Immo by way of a statutory merger. Prior
to the envisaged merger, IMMOFINANZ is planning to demerge or sell its
Russian asset portfolio which is characterised by different market dynamics
and a higher risk profile.

The outlook for IMMOFINANZ's distribution policy for the 2015/16 financial
year and the 2016 abbreviated financial year, which was announced on 2
February 2016, remains unchanged.


Disclaimer
To the extent any announcements in this document contain forward-looking
statements, such statements do not represent facts and are characterized by
the words "will", "expect", "believe", "estimate", "intend", "aim",
"assume", "plans" or similar expressions. Such statements express the
intentions, opinions or current expectations and assumptions of IMMOFINANZ
AG and the persons acting together with IMMOFINANZ AG. Such forward-looking
statements are based on current plans, estimates and forecasts, which
IMMOFINANZ AG and the persons acting together with IMMOFINANZ AG have made
to the best of their knowledge, but which they do not claim to be correct
in the future. Forward-looking statements are subject to risks and
uncertainties that are difficult to predict and usually cannot be
influenced by IMMOFINANZ AG or the persons acting together with IMMOFINANZ
AG. It should be kept in mind that the actual events or consequences may
materially differ from those contained in or expressed by such
forward-looking statements.



On IMMOFINANZ
IMMOFINANZ is a commercial real estate company whose activities are focused
on the retail and office segments of eight core markets in Europe: Austria,
Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Moscow. The
core business includes the management and development of properties. The
company has a real estate portfolio of approx. EUR 5.8 billion that covers
more than 380 properties. IMMOFINANZ is listed on the stock exchanges in
Vienna (leading ATX index) and Warsaw. Further information under:
http://www.immofinanz.com


For additional information please contact:
Bettina Schragl
Head of Corporate Communications and Investor Relations
IMMOFINANZ
T [phone]
M [phone]
[e-mail]
[e-mail]


18.04.2016 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: Regulated Unofficial Market in Berlin, Munich, Stuttgart;
Open Market in Frankfurt ; Wien (Amtlicher Handel / Official
Market)

End of Announcement DGAP News-Service

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