DGAP-Adhoc: BUWOG AG: The takeover offer by Vonovia has been successful

2018. március 12., hétfő, 18:49

DGAP-Ad-hoc: BUWOG AG / Key word(s): Offer

BUWOG AG: The takeover offer by Vonovia has been successful

12-March-2018 / 18:49 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Ad-hoc release

Disclosure of inside information pursuant to Article 17 of the Regulation (EU) No 596/2014

The takeover offer by Vonovia has been successful


Vienna, 12. March 2018. Vonovia SE ("Vonovia") has surpassed the minimum acceptance threshold of 50% plus 1 share for its takeover offer for BUWOG AG, Vienna ("BUWOG") at the end of the initial acceptance period today at 17:00 hours. Further, all other closing conditions have been fulfilled. Therefore, the takeover offer by Vonovia has been successful.

Based on the latest information, 73.7% of all BUWOG shares have been tendered. Vonovia informed, that the final results will be published on Vonovia"s website (en.vonovia-tob.de) on 15 March 2018 and in the Wiener Zeitung on 16 March 2018. With publication of the final results in the Wiener Zeitung the additional acceptance period starts.

The settlement of the offer for shares and convertible bonds tendered during the initial acceptance period is expected to occur on 26 March 2018 and for shares and convertible bonds tendered during the additional acceptance period for end of June 2018.



Holger Lueth


Managing Director Corporate Finance & Investor Relations

Email: investor@buwog.com

T +43-1-878 28 1203img

Jan-Hauke Jendrny


Email: investor@buwog.com

T: +49-30-338539 1873img


About BUWOG Group

BUWOG AG, Hietzinger Kai 131, 1130 Vienna, Austria, is the leading German-Austrian full-service provider in the residential property business and now looks back on 66 years of expertise. Its high quality property portfolio encompasses approximately 49,000 units and is distributed between Germany and Austria. In addition to asset management the entire value chain of the real estate sector is covered by the sales and development business areas. The shares of BUWOG AG (ISIN AT00BUWOG001) are listed on the Frankfurt, Vienna (ATX) and Warsaw stock exchanges. The Convertible Bond 2016 - 2021 (ISIN AT0000A1NQH2) is listed on the Third Market (MTF) of the Vienna stock exchange.

12-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: BUWOG AG

Hietzinger Kai 131

1130 Wien

Phone: +43 1 87 8281130
Fax: +43 1 87 8285299
E-mail: investor@buwog.com
Internet: www.buwog.com
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News Service

663103  12-March-2018 CET/CEST

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