EANS-Adhoc: immigon portfolioabbau ag resolves on implementation steps to redeem the securities issued by its subsidiaries ÖVAG Finance (Jersey) Limited and Investkredit Funding Ltd (Vienna, 30 January 2018)

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Company Information
30.01.2018

Vienna - In its ad hoc announcement of 9 Janaury 2018, immigon portfolioabbau ag, Peregringasse 2,1090 Vienna, FN 116476p ("immigon"), published the intention to terminate by mutual consent and to redeem at par two supplementary capital issues with no maturity which its subsidiaries ÖVAG Finance (Jersey) Limited ("ÖVAG Finance") and Investkredit Funding Ltd ("IK Funding") subscribed from the proceeds of their respective hybrid capital issues and still hold in order to allow that the securities issued by ÖVAG Finance (Fixed/Floating Rate Non-cumulative Non-voting Preferred Securities, XS0201306288) and IK Funding (Subordinated non-cumulative Limited Recourse Notes, DE0009576108) be terminated and redeemed at par by the respective issuer.

After having obtained the approval by the supervisory board of immigon the managing board of immigon today resolved to implement the measures described above. The competent corporate bodies of ÖVAG Finance and IK Funding have approved the termination and redemption of their respective hybrid capital issues today. The envisaged repayment dates are 22 March 2018 (ÖVAG Finance) and 29 March 2018 (IK Funding).

Mandatory information
The following issues of participation capital (Partizipationskapital) of immigon are admitted to trading on a regulated market in a Member State of the European Economic Area:
ISIN: XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital Certificates (issued by Banque de Luxembourg as trustee) Securities issued by immigon are admitted to trading upon immigon's application at the following stock exchanges:
Regulated Market of Luxembourg Stock Exchange

end of announcement euro adhoc

issuer: immigon portfolioabbau ag
Peregringasse 2
A-1090 Wien
phone: +43 (0)1 313 40-0
FAX:
mail: info@immigon.com
WWW: www.immigon.com
ISIN: AT000B056544, AT000B053442,XS0275528627,AT000B060462,AT000B115902,

indexes:
stockmarkets: Luxembourg Stock Exchange, Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/18035/aom

Rückfragen & Kontakt:

Thomas Heimhofer
immigon portfolioabbau ag
Mobil: +43 676 790 7890
Mail to: thomas.heimhofer@immigon.com

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE0001