EQS-News: STRABAG SE: entry of non-cash capital increase in the commercial register planned for 21 March 2024

EQS-News: STRABAG SE / Key word(s): Corporate Action
   STRABAG SE: entry of non-cash capital increase in the commercial register
   planned for 21 March 2024

   20.02.2024 / 10:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   STRABAG SE: entry of non-cash capital increase in the commercial register
   planned for 21 March 2024

     • Ongoing capital measures to reduce shareholding of MKAO “Rasperia
       Trading Limited”
     • Entry of implementation of the ordinary non-cash capital increase in
       the commercial register planned for 21 March 2024
     • Further details to be announced immediately following registration in
       the commercial register

   STRABAG SE is currently implementing capital measures to reduce the stake
   of MKAO “Rasperia Trading Limited”, a company controlled by the sanctioned
   Russian citizen Oleg Deripaska. The entry of the ordinary non-cash capital
   increase is currently planned for Thursday, 21 March 2024, following
   expiry of the six-month waiting period in accordance with the Austrian
   Stock Corporation Act (AktG). The new shares from this capital increase
   are then to be issued immediately to the holders of the existing STRABAG
   shares with ISIN AT0000A36HH9 (STRABAG SE – Distribution Share-Based
   Option). Further details regarding the delivery of the new shares and the
   cash distribution of the capital reduction amount to the holders of the
   existing STRABAG shares with ISIN AT000000STR1 will be announced
   immediately following entry of the implementation of the capital increase
   in the commercial register of the Regional Court of Klagenfurt.

   The ongoing capital measures were unanimously approved at the 19th Annual
   General Meeting of STRABAG SE on 16 June 2023. The ordinary non-cash
   capital increase represents the final step of these capital measures. The
   measures are aimed at reducing the shareholding interest of MKAO “Rasperia
   Trading Limited” in STRABAG to below 25%, specifically to around 24.1%,
   with the aim of minimising relevant disadvantages and risks to STRABAG SE
   associated with this shareholder.

   Notes:

   This communication constitutes neither a financial analysis nor advice or
   recommendation relating to financial instruments, nor an offer,
   solicitation, or invitation to buy or sell securities of STRABAG SE.

   The dissemination of this information and an offer to purchase securities
   of STRABAG SE are subject to legal restrictions in various jurisdictions.
   Persons who receive this document are requested to inform themselves
   regarding any such restrictions. This communication does not constitute an
   offer of securities for sale to, or the solicitation
   of an offer of securities for sale by, any person in the United States,
   Australia, Japan or any other jurisdiction in which such offer or
   solicitation would be unlawful.

   The subscription offer for the new shares (election of distribution from
   the capital reduction in the form of new shares) will be made solely on
   the basis of applicable provisions of European and Austrian law.
   Accordingly, no notices, approvals or
   authorisations for an offer have been or will be filed, arranged, or
   granted outside of Austria. Holders of securities should not expect to be
   protected by any investor protection laws applicable within any other
   jurisdiction.

   STRABAG SE has published a document (Prospectus Exemption Document)
   pursuant to Article 1(4)(h) and (5)(g) of the EU Prospectus Regulation
   (Regulation (EU) 2017/1129) in conjunction with section 13 (6) of the
   Austrian Capital Market Act (KMG) and section 4 of the Austrian Minimum
   Content, Publication and Language Regulation (MVSV) 2019 on the website of
   STRABAG SE, which contains details on the distribution of the capital
   reduction amount in the form of shares. Interested shareholders should
   carefully read and consider the Prospectus Exemption Document, as amended
   from time to time (and the documents referenced therein), before making a
   decision concerning the exercise of their subscription rights (election of
   distribution from the capital reduction in the form of new shares).

   Neither subscription rights to new shares nor new shares have been or will
   be registered under the U.S. Securities Act of 1933, as amended (the
   “Securities Act”), or with any securities regulatory authorities of any
   state or other jurisdiction of the United States of America. Neither
   subscription rights nor new shares may be offered, sold, exercised,
   pledged or transferred, directly or indirectly, at any time into or within
   the United States of America or any other jurisdiction in which it would
   be unlawful to do so, except within the United States of America to
   qualified institutional buyers (QIBs) as defined in Rule 144A under the
   Securities Act or pursuant to an exemption from, or in a transaction not
   subject to, the registration requirements of the Securities Act or the
   applicable exemption provisions of any other state and provided there is
   no violation of applicable securities laws of any state of the United
   States of America or any other
   country.

   To the extent that this communication contains predictions, expectations
   or statements, estimates, opinions or forecasts about the future
   development of STRABAG SE (“forward-looking statements”), such
   forward-looking statements have been prepared on the basis of the current
   views and assumptions of the management of STRABAG SE. Forward-looking
   statements are subject to various assumptions made on the basis of current
   internal plans or external publicly available sources, which have not been
   separately verified or checked by STRABAG SE and which may prove to be
   inaccurate. Forward-looking statements are subject to known and unknown
   risks, uncertainties and other factors that may cause results and/or
   developments to differ materially from those expressed or implied in this
   communication. In light of these circumstances, persons who receive this
   communication should not rely on such
   forward-looking statements. STRABAG SE assumes no liability or warranty
   for such forward-looking statements and will not modify them based on
   future results or developments. The views and assessments expressed by
   STRABAG SE in this communication may also change after publication
   thereof.

   STRABAG SE is a European-based technology partner for construction
   services, a leader in innovation and financial strength. Our services span
   all areas of the construction industry and cover the entire construction
   value chain. We create added value for our clients by taking an end-to-end
   view of construction over the entire life cycle – from planning and design
   to construction, operation and facility management through to
   redevelopment or demolition. In all of our work, we accept responsibility
   for people and the environment: We are shaping the future of construction
   and are making significant investments in our portfolio of more than 250
   innovation and 400 sustainability projects. Through the hard work and
   dedication of our approximately 86,000 employees, we generate an annual
   output volume of around € 19 billion.

   Our dense network of subsidiaries in various European countries and on
   other continents extends our area of operation far beyond the borders of
   Austria and Germany. Working together with strong partners, we are
   pursuing a clear goal: to design, build and operate construction projects
   in a way that protects the climate and conserves resources. More
   information is available at www.strabag.com.

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   20.02.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     STRABAG SE
                Donau-City-Straße 9
                1220 Vienna
                Austria
   Phone:       +43 1 22422 – 1089
   Fax:         +43 1 22422 - 1177
   E-mail:      [email protected]
   Internet:    www.strabag.com
   ISIN:        AT000000STR1, AT0000A36HH9
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1840241


    
   End of News EQS News Service


   1840241  20.02.2024 CET/CEST

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