Kommunalkredit Austria AG

EANS-Adhoc: Kommunalkredit Austria AG
Invitation by FIMBAG to parties interested in partial sale

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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other
11.08.2014


Kommunalkredit Austria AG (the Company) has been informed today by
Finanzmarktbeteiligung Aktiengesellschaft des Bundes (FIMBAG), which holds
99.78% of the shares of the Company in trust for the Republic of Austria, that
FIMBAG intends to partially sell the Company in accordance with the amending
decision taken by the European Commission on 19 July 2013 and will, to this end,
in the next days by way of a public call for tenders invite potentially
interested parties to submit expressions of interest by 10 September 2014 for
the shares in the Company held by FIMBAG.

In the case of a partial sale, the requirements of the amending decision by the
European Commission of 19 July 2013 have to be taken into account, according to
which FIMBAG is authorised under EU state aid rules to sell the shares held by
it to an extent of up to 50% of the assets as at 19 July 2013, i.e. up to a
maximum of EUR 5.8 billion.


ISIN:
AT0000329859;CH0020669583;CH0022280058;CH0024015452;CH0025662831;
XS0104786263;XS0163624504;XS0180539420;XS0186736228;XS0187975262;
XS0197387953;XS0205974701;XS0210167218;XS0211496590;XS0212122534;
XS0213230047;XS0214564972;XS0214981812;XS0215839019;XS0215865287;
XS0218474533;XS0218834843;XS0219327524;XS0235597068;XS0236776877;
XS0241451581;XS0252593198;XS0252707624;XS0252786669;XS0253410236;
XS0255439803;XS0261832942;XS0267998481;XS0270872640;XS0271821513;
XS0285503248;XS0299062389;XS0302365134;XS0340901908;XS0373257590;
XS0592235187;XS0687890441;XS0973424152;XS1003074306;XS1003354252;
XS1008699933;XS1015492595;XS1016032457;XS1017111029;XS1018909454;
XS1020014608;XS1033673440;XS1040273267;XS1045121784;XS1045221063;
XS1046170699;XS1072804484


Stock exchanges:
Vienna, Luxembourg, Zurich


Further inquiry note:
Kommunalkredit Austria AG
Treasury - Investor Relations 
Dinah Reiss
1092 Wien/Vienna, Türkenstraße/Tuerkenstrasse 9
Tel./Phone: +43/1/31 6 31-678
Fax: +43/1/31 6 31-505 oder/or 99678
Mail: d.reiss@kommunalkredit.at

end of announcement                               euro adhoc 
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issuer:      Kommunalkredit Austria AG
             Türkenstraße  9
             A-1092 Wien
phone:       +43 1 31 6 31
FAX:         +43 1 31 6 31 105
mail:     kommunal@kommunalkredit.at
WWW:      www.kommunalkredit.at
sector:      Banking
ISIN:        -
indexes:     
stockmarkets: stock market: Wien 
language:   English
 



Weitere Meldungen: Kommunalkredit Austria AG

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