IFM: Takeover Commission approves publication of public offer for minority stake in Flughafen Wien AG

Wien (OTS) - -

> Airports Group Europe S.à r.l. offers shareholders EUR 80 per share from 7 November 2014 until 12 December 2014
> Intended minority stake of between 20%-29.9%
> Long-term commitment to Flughafen Wien

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM GIF"), has today, 7 November 2014, published a public voluntary offer pursuant to §§ 4 et seq of the Austrian Takeover Act (Übernahmegesetz) addressed to the shareholders of Flughafen Wien AG (ISIN AT0000911805) to acquire a minority stake of between 20% and 29.9% for a price of EUR 80 per share. This corresponds to a premium of 29.7% compared to the closing price of the last trading day prior to the announcement of the intention to launch the offer (10 October 2014). The offer can be accepted by interested shareholders until 12 December 2014.

"We are delighted that the Takeover Commission has agreed to an early publication of our offer to acquire a minority stake in Flughafen Wien as of 7 November" states Werner Kerschl, Investment Director of IFM Investors. "We are convinced that we have made a fair and attractive offer and are therefore confident of drawing considerable interest from investors and obtaining the envisaged participation in Flughafen Wien. Our expressly stated goal is to make a long-term, responsible commitment to Flughafen Wien."

Details of the Offer

The aim of the offer is to purchase up to 6,279,000 ordinary bearer shares in Flughafen Wien AG, which are admitted to trading in the "Prime Market" segment of the official market (amtlicher Handel) of the Vienna Stock Exchange under ISIN AT0000911805, which in total corresponds to 29.9% of the entire registered capital of Flughafen Wien AG. The price per share will amount to EUR 80 cum dividend 2014.

This offer can also be accepted in the United States of America.

This offer is subject to the following conditions precedent: (A) until the end of the acceptance period Airports Group Europe has received declarations of acceptance for at least 4,200,000 shares, corresponding to 20% of the total share capital of Flughafen Wien AG; and (B) the share acquisition pursuant to this offer has been approved by the competent competition authority in Austria without restrictions and undertakings.

This offer can be accepted by interested shareholders of Flughafen Wien AG during the acceptance period, from Friday, 7 November 2014 until and including Friday, 12 December 2014, 15.00 (Vienna time), which corresponds to an acceptance period of five (5) weeks or twenty five (25) (US) trading days.

The offer document is published on the websites of Flughafen Wien AG (www.viennaairport.com) and of the Takeover Commission (www.takeover.at) and will be available in the form of a prospectus at the corporate seat of Flughafen Wien AG, Flughafen, 1300 Wien-Flughafen, and at UniCredit Bank Austria AG, acting as the receiving and payment agent, Schottengasse 6-8, 1010 Vienna, during normal office hours, free of charge.

Nomura is acting as financial advisor while Eisenberger & Herzog Rechtsanwalts GmbH is acting as Austrian legal advisor.

About IFM GIF

IFM GIF is a perpetual open-ended unit trust which continually raises new capital from institutional investors. IFM GIF's open-ended structure allows for long-term investments in line with the long-term investment horizons of its institutional pension fund investors.

The vast majority of the investors are institutional pension funds investing on behalf of millions of individual employees. The investors in IFM GIF are spread over multiple jurisdictions including Australia, the United Kingdom, continental Europe, the United States and Canada. IFM GIF is advised by IFM Investors Pty Limited ("IFM Investors").

About IFM Investors

IFM Investors is one of the largest global infrastructure investment managers with EUR 10 billion (as at 30 June 2014) invested across a range of infrastructure assets. IFM Investors, domiciled in Australia, is a long-term investment manager which is ultimately owned by 30 not-for-profit Australian pension funds. IFM Investors has significant experience in working alongside municipalities and public entities. IFM Investors' expertise includes different classes of infrastructure such as pipelines, electricity transmission systems, seaports and airports. IFM Investors has been involved, as manager or advisor of multiple funds, in their investments in 13 different airports in Australia and the United Kingdom.

www.ifminvestors.com

Rückfragen & Kontakt:

For Further Information
Ecker & Partner Öffentlichkeitsarbeit und Public Affairs GmbH
Mag. Armin Nowshad
Goldeggasse 7/Hoftrakt, 1040 Vienna
Tel.: + 43 1 599 32 22
Email: a.nowshad@eup.at

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