EANS-Adhoc: C-QUADRAT simplifies corporate structure

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announcement.
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Strategic management decisions/Simplification corporate structure
26.08.2015

Vienna/Frankfurt, 26.08.2015. The Management Board of C-QUADRAT
Investment AG and C-QUADRAT Kapitalanlage AG have decided to simplify
the Group's corporate structure.

C-QUADRAT Investment AG already voluntarily relinquished its
securities licence on July 3, 2015. It did so since C-QUADRAT
Investment AG has not pursued any activities under the 2007 Austrian
Securities Supervision Act (Wertpapieraufsichtsgesetz, WAG 2007) for
some time now.

C-QUADRAT Kapitalanlage AG, a wholly owned subsidiary of C-QUADRAT
Investment AG, also intends to relinquish its licence as an
investment fund management company under the Austrian Investment Fund
Act (Investmentfondsgesetz, InvFG). In future, as an asset manager it
will focus on selecting and supervising sub- delegated, internal and
external asset managers. This measure is intended to reduce the level
of complexity associated with the corporate group, to decrease the
level of operational risk and to ensure concentration on its core
business of asset management.

C-QUADRAT Kapitalanlage AG will relinquish its licence under the
Austrian Investment Fund Act while obtaining a new licence under the
2007 Austrian Securities Supervision Act (Wertpapieraufsichtsgesetz,
WAG 2007). This licence under the 2007 Austrian Securities
Supervision Act will serve as the regulatory basis for its continued
activity as an asset manager. No changes will result in relation to
portfolio management for funds launched and administered by C-
QUADRAT Kapitalanlage AG ("C-QUADRAT funds").

In future, the C-QUADRAT funds will continue to be managed by the
C-QUADRAT Group's two Austrian asset managers, ARTS Asset Management
GmbH and C-QUADRAT Asset Management GmbH. Raiffeisen Bank
International AG will remain the custodian bank for C-QUADRAT funds.
The funds managed by C-QUADRAT Asset Management UK in London will not
be affected by this restructuring.

Subject to the approval of the Austrian Financial Market Authority,
the custodian bank and the Supervisory Board, the 18 C-QUADRAT funds
launched and currently administered by C-QUADRAT Kapitalanlage AG
with a total volume of approx. EUR 1.5 billion will be transferred to
two external management companies by early 2016 at the latest which
will administer the fund wrappers/C-QUADRAT funds as service
providers. These two external management companies are the firms
Raiffeisen Kapitalanlage-Gesellschaft m.b.H. (Raiffeisen Capital
Management) and Ampega Investment GmbH.

These two measures are intended to clearly reduce the volume of
administrative activities and the associated costs. This will
consolidate and strengthen C-QUADRAT's independence as a successful
international asset manager, its medium- and long-term competitive
position and the Group's growth.

Further inquiry note:
Andreas Wimmer
Member of the Board
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 66 316
E-Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com

end of announcement euro adhoc
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issuer: C-QUADRAT Investment AG
Schottenfeldgasse 20
A-1070 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.com
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English