EANS-Adhoc: immigon portfolioabbau ag / Vienna Stock Exchange initiates proceedings to repeal the admission to trading of the participation certificates I...

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other/Company Information 04.09.2015

immigon: Vienna Stock Exchange initiates proceedings to repeal the admission to trading of the participation certificates ISIN AT0000755665 (04 September 2015)

On 28 May 2015, in preparation of its de-merger, the general meeting of Österreichische Volksbanken-Aktiengesellschaft (ÖVAG), the legal predecessor of immigon portfolioabbau ag and issuer of the participation certificates ISIN AT0000755665, resolved to reduce its registered share capital and its participation capital. The de-merger and reduction of the registered share capital and the participation capital became effective as of 4 July 2015. As a result of the reduction of the registered share capital, the total nominal value of the participation certificates ISIN AT0000755665 listed on the Official Market of the Vienna Stock Exchange (Amtlicher Handel der Wiener Börse) fell below the statutory minimum requirement of EUR 750,000. The Vienna Stock Exchange has thus initiated proceedings to repeal the admission to trading of the participation certificates ISIN AT0000755665 on 03 September 2015. Pursuant to section 162 of the Federal Act on the Recovery and Resolution of Banks (BaSAG), it would be contrary to the purpose of immigon portfolioabbau ag as a wind-down company to increase its participation capital again. It must thus be expected that the Vienna Stock Exchange will repeal the admission to trading of the participation certificates ISIN AT0000755665 and that the participation certificates ISIN AT0000755665 will not be listed on a stock exchange in the future.

Mandatory information pursuant to the disclosure and notification regulation (Veröffentlichungs- und Meldeverordnung - VMV) The following issues of participation capital (Partizipationskapital) of immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on a regulated market in a Member State of the European Economic Area: ISIN: AT0000755665 Österreichische Volksbanken-AG Participation Certificates XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital Certificates (issued by Banque de Luxembourg as trustee)

The five bonds issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) with the highest nominal volume: ISIN: AT000B056544 AT000B053442 XS0275528627 AT000B060462 AT000B115902 Securities issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on the following stock exchanges: Geregelter Freiverkehr of the Vienna Stock Exchange (Wiener Börse AG) Amtlicher Handel of the Vienna Stock Exchange (Wiener Börse AG) Regulated Market of Luxembourg Stock Exchange Open market (Freiverkehr) of Berlin Stock Exchange Open market (Freiverkehr) of Stuttgart Stock Exchange Open Market (Freiverkehr) of Frankfurt Stock Exchange

Press contact: Thomas Heimhofer immigon portfolioabbau ag Mobil: +43 (0)676 790 7890 email: thomas.heimhofer@immigon.com

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   September 04, 2015 04:11 ET (08:11 GMT)- - 04 11 AM EDT 09-04-15