EANS-Adhoc: immigon portfolioabbau ag / Immigon agrees to sell VB Leasing Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August 2015)

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Mergers - Acquisitions - Takeovers/Company Information
12.08.2015

Adhoc release in accordance with Austrian Stock Exchange Act /
immigon portfolio ag Immigon agrees to sell VB Leasing
Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August
2015)

immigon portfolioabbau ag agreed to sell its 100% stake in VB Leasing
Finanzierungsgesellschaft m.b.H., which it held via its subsidiary
Unternehmensbeteiligungs Gesellschaft mit beschränkter Haftung, to
BAWAG PSK Leasing GmbH. The relevant sale and purchase agreement was
executed on 12 August 2015. The closing is anticipated for 4Q2015,
subject to customary conditions, including regulatory approvals. VB
Leasing Finanzierungsgesellschaft m.b.H.-Group held net customer
receivables of EUR 653 million as at 30 June 2015. The Purchaser will
replace 100% of the refinancing of VB Leasing
Finanzierungsgesellschaft m.b.H.-Group of approx. EUR 650 million at
closing. The deal economics were not disclosed. The sale of the stake
in VB Leasing Finanzierungsgesellschaft m.b.H. is part of immigon's
wind down plan.

Mandatory information pursuant to the disclosure and notification
regulation (Veröffentlichungs- und Meldeverordnung - VMV)

The following issues of participation capital (Partizipationskapital)
of immigon portfolioabbau ag (formerly Österreichische
Volksbanken-Aktiengesellschaft) are admitted to trading on a
regulated market in a Member State of the European Economic Area:

ISIN: AT0000755665 Österreichische Volksbanken-AG Participation
Certificates XS0359924643 EUR 500,000,000 Perpetual Non Cumulative
Participation Capital Certificates (issued by Banque de Luxembourg as
trustee)

The five bonds issued by immigon portfolioabbau ag (formerly
Österreichische Volksbanken-Aktiengesellschaft) with the highest
nominal volume: ISIN:

AT000B056544
AT000B053442
XS0275528627
AT000B060462

AT000B115902

Securities issued by immigon portfolioabbau ag (formerly
Österreichische Volksbanken-Aktiengesellschaft) are admitted to
trading on the following stock exchanges:

Geregelter Freiverkehr of the Vienna Stock Exchange (Wiener Börse AG)
Amtlicher Handel of the Vienna Stock Exchange (Wiener Börse AG)
Regulated Market of Luxembourg Stock Exchange
Open market (Freiverkehr) of Berlin Stock Exchange
Open market (Freiverkehr) of Stuttgart Stock Exchange
Open Market (Freiverkehr) of Frankfurt Stock Exchange

Press contact:
Thomas Heimhofer
immigon portfolioabbau ag
mobile: +43 (0)676 790 7890
email: thomas.heimhofer@outlook.com

Further inquiry note:
immigon portfolioabbau ag
Thomas Heimhofer
Mobil: +43 (0)676 790 7890
Mail to: thomas.heimhofer@outlook.com
www.immigon.com

end of announcement euro adhoc
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issuer: immigon portfolioabbau ag
Peregringasse 2
A-1090 Wien
phone: +43 (0)1 313 40-0
mail: info@immigon.com
WWW: www.immigon.com
sector: Banking
ISIN: AT000B056544, AT000B053442, XS0275528627, AT000B060462,
AT000B115902
indexes:
stockmarkets: free trade: Berlin, Stuttgart, regulated dealing: Luxembourg Stock
Exchange, Regulated free trade: Wien
language: English