Ad-hoc Announcements
Stocks and Markets
09.06.2022 13:25

IMMOFINANZ AG: No support of CPIPG for a dividend payment for the financial year 2021

IMMOFINANZ AG was informed by its primary shareholder CPI Property Group S.A. (CPIPG) today, that CPIPG has decided not to support a proposal to the upcoming ordinary shareholders’ meeting of IMMOFINANZ for the distribution of a dividend for the financial year 2021. CPIPG suggest motions by the Executive Board and the Supervisory Board to the shareholders’ meeting that the balance sheet profit stated in the financial statement of IMMOFINANZ AG for the business year 2021 is carried forward in full onto new account.

CPIPG holds a stake of approx. 77% in IMMOFINANZ. The annual shareholder meeting on 12 July 2022 will take place as a virtual meeting according to the Corporate COVID-19 Act and the Corporate COVID-19 Regulation, each as amended.