Corporate News
17.10.2016

IMMOFINANZ AG: Adjustment of the Conversion Rights due to Dividend Distribution of BUWOG AG

Pursuant to the cash dividend for the financial year 2015/16 of EUR 0.69 per share resolved upon in the ordinary shareholders’ meeting of BUWOG AG on 14 October 2016 the conversion rights of the 1.25% Convertible Bonds due 2017 (ISIN XS0332046043) („CB 2017“) and 4.25% Convertible Bonds due 2018 (ISIN XS0592528870) („CB 2018“) of IMMOFINANZ AG are adjusted with effect from 17 October 2016.

The conversion rights of CB 2017 and CB 2018 pro rata in shares of BUWOG AG were granted in the course of the spin-off of BUWOG AG on 26 April 2014 with the effect, that the bondholders are entitled upon exercise of their conversion right to receive Settlement Shares of IMMOFINANZ AG and a proportional number of shares in BUWOG AG.

Adjustments:

ISIN XS0332046043 – 1.25% Convertible Bonds due 2017

Number of Settlement Shares (IMMOFINANZ-shares) (no amendment):
Conversion rights per convertible bond (nominal value EUR 100,000): 12,909.75

Previous number of Settlement Shares (BUWOG-shares):
Conversion rights per convertible bond (nominal value EUR 100,000): 691.44

New number of Settlement Shares (BUWOG-shares) after adjustment:
Conversion rights per convertible bond (nominal value EUR 100,000): 718.10
(due to dividend distribution of BUWOG AG)

ISIN XS0592528870 – 4.25% Convertible Bonds due 2018

Number of Settlement Shares (IMMOFINANZ-shares) (no adjustment):
Conversion rights per convertible bond (nominal amount EUR 4.12): 1.1908

Previous number of Settlement Shares (BUWOG-shares):
Conversion rights per convertible bond (nominal amount EUR 4.12): 0.0629

New number of Settlement Shares (BUWOG-shares) after adjustment:
Conversion rights per convertible bond (nominal amount EUR 4.12): 0.0649
(due to dividend distribution of BUWOG AG)

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