Brief: Immofinanz Says Not To Amend S Immo Takeover Offer

S IMMO AG

28/06/2021 06:46

June 28 (Reuters) - Immofinanz AG  IMFI.VI :
    * DGAP-NEWS: S IMMO SHAREHOLDERS DECIDE AGAINST THE
'AUSTRIAN
SOLUTION'
    * IMMOFINANZ INTENDS TO CONTINUE ITS SUCCESSFUL GROWTH
COURSE IN
LINE WITH CORPORATE STRATEGY
    * AT S IMMO SHAREHOLDERS' MEETING, ROUGHLY 61% OF
REPRESENTED
SHAREHOLDER CAPITAL DECIDED IN FAVOUR OF PROPOSAL ON MAXIMUM
VOTING RIGHT.
    * HOWEVER, RESOLUTION FAILED TO RECEIVE REQUIRED 75%
MAJORITY
    * CONDITION FOR VOLUNTARY TAKEOVER OFFER BY IMMOFINANZ WAS
NOT
MET.
    * IMMOFINANZ HAS DECIDED NOT TO AMEND TAKEOVER OFFER WHICH,
AS A
RESULT, IS NOW CANCELLED.

Source text for Eikon:  ID:nEQ7Hzpw8a 
Further company coverage:  IMFI.VI 

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