IMMOFINANZ | Takeover Offer | S IMMO Shareholders

Disclaimer

You have entered the website which IMMOFINANZ AG (“IMMOFINANZ”) has designated for the publication of documents and information in connection with the voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act (“Takeover Offer”) to the shareholders of S IMMO AG (“S IMMO”) announced by IMMOFINANZ on 14 March 2021.

In order to access further information in connection with the Takeover Offer, visitors of this website are requested to confirm, at the bottom of this page, notice of and agreement to the following legal information and terms and conditions.

Other than in compliance with applicable law, the publication, dispatch, distribution, dissemination or making available of the offer document or other documents connected with the Takeover Offer outside of the Republic of Austria is not permitted. IMMOFINANZ does not assume any responsibility for any violation of the above-mentioned provision.

In particular, the Takeover Offer of IMMOFINANZ is not being made, directly or indirectly, in the United States of America, its territories or possessions or any area subject to its jurisdiction, nor may it be accepted in or from the United States of America. Further, the offer is in particular not being made, directly or indirectly, in Australia or Japan, nor may it be accepted in or from Australia or Japan.

The offer document or any other document connected with the Takeover Offer does not constitute a solicitation or invitation to offer shares in S IMMO in or from any jurisdiction where it is prohibited to make such invitation or solicitation or where it is prohibited to launch an offer by or to certain individuals. The Takeover Offer has neither been approved by an authority outside the Republic of Austria nor has an application for such an approval been filed.

Shareholders of S IMMO who come into possession of the offer document or any other document connected with the Takeover Offer outside of the Republic of Austria and/or who wish to accept the Takeover Offer outside the Republic of Austria are advised to inform themselves of the relevant applicable legal provisions and to comply with them.

Any liability of IMMOFINANZ for the non-compliance of third parties with any laws is hereby explicitly excluded.

Takeover Offer to the shareholders of S IMMO AG

In this area you can find documents and information in connection with the voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act launched by IMMOFINANZ AG to the shareholders of S IMMO AG.

Documents and information are not for publication or distribution particularly in the United States, in Australia or Japan and may not be distributed in or from the United States, Australia or Japan.

On 19 May 2021, IMMOFINANZ published the offer documents for a voluntary takeover offer to the shareholders of S IMMO AG. The offer was limited to the period from 19 May 2021 to 16 July 2021. The offer price equalled EUR 22.25 per share and represented a premium of 40.3% over the six-month VWAP of the S IMMO share.

At the shareholders’ meeting of S IMMO AG in June 2021, a majority of roughly 61% of the shareholder capital in attendance voted in favour of the resolution to revoke the maximum voting right. However, the resolution failed to receive the required 75% majority. Publications on the exercise of voting rights and an analysis of voting behaviour show that the resolution was rejected by three large shareholders, Aggregate Holdings, Peter Korbacka‘s EVAX Holding and Erste Asset Management – which together held roughly 28% of the votes at the shareholders’ meeting.

Consequently, a key condition for IMMOFINANZ’s takeover offer to S IMMO shareholders was not met. IMMOFINANZ decided not to amend the takeover offer which, as a result, was cancelled.

Disclaimer

Takeover Offer to the shareholders of S IMMO AG

Offer document of IMMOFINANZ

Announcements in connection with the Offer

Q&A

Presentation

Further documents