CA Immo resolves further share buyback
Additionally, the prize has to comply with the authorizing resolution of the Annual General Meeting, meaning that the lowest amount payable on repurchase is not to be less than 30% and not to exceed 10% of the average unweighted price at the close of the market on the ten trading days preceding the repurchase.
The share buyback program is expected to start on 28 November 2016 at the earliest and will end no later than 2 October 2018. The buyback will be made for any permitted purpose covered by the resolution of the Annual General Meeting. CA Immobilien Anlagen AG currently holds five million treasury shares.
Details on the share buyback program are available under:
Details on the share buyback program
The conditions of the share buyback program are as follows:
Date of the authorisation by the shareholders‘ meeting pursuant to article 65 para 1 no. 8 Austrian Stock Corporation Act:
3 May 2016
Dates and publication of the
4 May 2016
via the information distribution system pursuant to article 81a para 1 no. 9 in connection with article 82 para 8 Austrian Stock Exchange Act in connection with article 11 Austrian Publication and Reporting Regulation
Commencement and anticipated
28 November 2016 at the earliest until 2 October 2018
Bearer shares (ISIN AT0000641352)
up to 1,000,000 shares (corresponding to approx. 1% of the share capital of the company)
The lowest amount payable on repurchase is not to be less than 30% and not to exceed 10% of the average unweighted price at the close of the market on the ten trading days preceding the repurchase.
Form of repurchase:
Purchase via the stock exchange
Purpose of repurchase:
The buyback will be made for any permitted purpose covered by the resolution of the Annual General Meeting.
Consequences for the admission of CA Immo-shares to stock exchange:
Disclosure according to section 5 para 4 Austrian Publication Regulation 2002: (i) The details to be published pursuant to section 7 Austrian Publication Regulation 2002 regarding the transactions carried out in the course of this repurchase program as well as (ii) amendments of the repurchase program (as the case may be) to be published pursuant to section 6 Austrian Publication Regulation 2002, will be published on the website of CA Immobilien Anlagen AG (http://www.caimmo.com/en/investor_relations/share_buy_back/).
This announcement does not constitute a public offer to acquire CA Immo-shares and does neither obligate the company or any of its subsidiaries to accept offers to purchase CA Immo-shares.
Please address any questions to:
CA Immobilien Anlagen AG
Head of Capital Markets
Tel.: +43 (0)1532 5907 DW 504