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AvW Invest AG

EANS-Adhoc: AvW Invest AG - No takeover requirement regarding S&T

  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
Company Information
AvW Invest AG has been notified that AvW Gruppe AG sold 330,000 of 
its shares in S&T (SNTS.VI) today. 300.000 S&T shares were bought by 
an Austrian bank, 30.000 S&T shares by an Austrian fund.Consequently,
AvW Invest AG and AvW Gruppe AG jointly hold less than 30% of the 
shares in S&T and therefore neither of the two companies is required 
to make a mandatory takeover bid.
AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA 
Vienna: AWS), which is domiciled in Krumpendorf at Lake Wörthersee, 
is active in two core business areas: equity investments and real 
estate. AvW´s shares are listed in the Standard Market Auction 
segment of the Vienna Stock Exchange.
end of announcement                               euro adhoc

Further inquiry note:

Mag. Brigitte Burger
Tel.: 04229/3621-24

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Standard Market Auction
Börsen: Börse Frankfurt / free trade
Börse Stuttgart / free trade
Wiener Börse AG / official dealing

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