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IMMOFINANZ AG, AT0000A21KS2

IMMOFINANZ AG, AT0000A21KS2

26.11.2019 - 14:47:34

IMMOFINANZ and S IMMO terminate discussions over a possible combination

IMMOFINANZ and S IMMO terminate discussions over a possible combination

The Executive Boards of S IMMO and IMMOFINANZ today decided to end their discussions over the possible combination of the two companies. This decision was based, in particular, on the inability to reach an agreement over a possible exchange ratio.

This decision followed a proposal by IMMOFINANZ to S IMMO to plan a merger based on the NAV for presentation to the annual general meetings in 2020.

On IMMOFINANZ IMMOFINANZ is a commercial real estate group whose activities are focused on the retail and office segments of seven core markets in Europe: Austria, Germany, Poland, Czech Republic, Slovakia, Hungary and Romania. The core business covers the management and development of properties, whereby the STOP SHOP (retail), VIVO! (retail) and myhive (office) brands represent strong focal points that stand for quality and service. The real estate portfolio has a value of approx. EUR 4.5 billion and covers more than 210 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 contact: Bettina Schragl Head of Corporate Communications and Investor Relations T +43 (0)1 88 090 2290 M +43 (0)699 1685 7290communications@immofinanz.cominvestor@immofinanz.com

26-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: IMMOFINANZ AG Wienerbergstraße 11 1100 Vienna

Austria Phone: +43 (0) 1 88090 - 2290 Fax: +43 (0) 1 88090 - 8290 E-mail: investor@immofinanz.com Internet: http://www.immofinanz.com ISIN: AT0000A21KS2 WKN: A2JN9W Listed: Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Warschau, Vienna Stock Exchange (Official Market) EQS News ID: 921815   End of Announcement DGAP News Service

921815  26-Nov-2019 CET/CEST

@ dgap.de