EANS-News: STRABAG to pay 2017 and 2018 dividends to core shareholder Rasperia

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Dividend Announcements/Distribution

Vienna - MKAO Rasperia Trading Limited ("Rasperia"), Russian Federation, informed publicly listed construction company STRABAG SE on 14 September 2020 and presented credible documentation that as of 4 September 2020 no Specially Designated National (SDN) holds a 50 % or greater interest in it. It is therefore no longer viewed as a so-called blocked entity under the US sanctions regime.

STRABAG SE will therefore pay to Rasperia the net dividends withheld to date for the 2017 and 2018 financial years, totalling EUR 53,722,500.00, against reciprocal and simultaneous transfer of the "value rights" (Wertrechte). With regard to the control structure, no changes result for STRABAG SE; the syndicate of core shareholders of STRABAG SE remains unchanged.

As Rasperia is no longer considered a blocked entity, any dividend claims by other shareholders that have not yet been asserted for the 2017 and 2018 financial years can now be accessed more easily by the custodian banks. All that is required is the transfer of the respective value rights with no need to submit the previously required confirmation form. More information can be found in our revised dividend announcement available at www.strabag.com.

end of announcement euro adhoc

Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2246/5/10559061/1/STRABAG_Dividende_Rasperia_E.pdf

issuer: STRABAG SE
Donau-City-Straße 9
A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 - 1177
mail: investor.relations@strabag.com
WWW: www.strabag.com
ISIN: AT000000STR1, AT0000A05HY9
indexes: ATX, WBI, SATX
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/4106/aom

Rückfragen & Kontakt:

STRABAG SE
Diana Neumüller-Klein
Head of Corporate Communications
Tel: +43 1 22422-1116
diana.klein@strabag.com

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE0003