- 29.04.2016, 07:38:08
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- OTS0006 OTW0006
IFM has increased its minority stake in Flughafen Wien AG to 38.16%
Vienna (OTS) - Airports Group Europe S.à r.l. ("Airports Group
Europe"), an indirect subsidiary of IFM Global Infrastructure Fund
("IFM"), published a voluntary public offer pursuant to §§ 4 et seq
of the Austrian Takeover Act (Übernahmegesetz) to increase its
non-controlling minority stake by up to 10.0% to up to 39.9% of the
share capital in Vienna Airport (Flughafen Wien AG) (ISIN
AT0000911805) on 1 April 2016 (the "Offer"). The acceptance period of
the Offer ended on 28 April 2016, 15:00 (Vienna time). Pursuant to §
19 (3) ÜbG, the Offer is not extended by the three month sell-out
period.
In total 1,734,414 shares were tendered into the Offer before the
expiry of the acceptance period; this corresponds to 8.26% of the
share capital. In total IFM will hold 38.16% of the shares in
Flughafen Wien.
"We are very pleased about the considerable interest from investors",
states Werner Kerschl, Investment Director of IFM Investors. "The
increase in our investment reflects a long-term, responsible
commitment to Flughafen Wien. We are confident in the strategy of the
company. With over 20 years of experience in the infrastructure
sector, IFM can continue to offer its expertise and contribute –
jointly with all other stakeholders – to the long-term development of
Flughafen Wien. IFM looks forward to continuing its relationship and
engagement with the other shareholders, the supervisory board and
management and to working in the best interests of Flughafen Wien."
The offer price of EUR 100 per share will be paid by the receiving
and payment agent to the shareholders who have duly accepted the
Offer no later than Tuesday, 3 May 2016 simultaneously against
transfer of the shares.
About IFM
IFM is a perpetual open-ended unit trust which continually raises new
capital from institutional investors. IFM’s open-ended structure
allows for long-term investments in line with the long-term
investment horizons of its institutional pension fund investors. The
principal advisor of IFM is IFM Investors.
About Airports Group Europe
Airports Group Europe is a Luxembourg domiciled limited liability
company, registered under B 167449.
About IFM Investors
IFM Investors is one of the largest global infrastructure investment
managers with EUR 20.5 billion (as at 31 December 2015) invested
across a range of infrastructure assets. IFM Investors, domiciled in
Australia, is a long-term investment manager which is ultimately
owned by 29 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, as manager or advisor
of multiple funds, has been involved in the funds’ investments in 16
different airports in Australia, the United Kingdom, Austria, Malta
and Slovakia.
www.ifminvestors.com
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