S IMMO increases its stake in Immofinanz AG to approximately 11.82%

Corporate news

S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250) has, approved today by the Supervisory Board, with share purchase agreements dated 27 February 2018, acquired 60,000,000 shares in Immofinanz AG from several sellers off-market via its group company CEE Immobilien GmbH. Together with its currently held shares and based on the total number of voting rights as notified by Immofinanz today, this constitutes a stake of approximately 11.82%. The transaction is subject to the condition precedent of merger control clearances.