Offeree company | UBM Realitätenentwicklung Aktiengesellschaft (FN 100059x) |
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ISIN | AT0000815402 |
Offeror | PORR AG |
Acceptance period | 26 Sep to 23 Oct 2014, 15. hrs. Vienna local time |
Offer price | EUR 24.00 per share |
Offer volume | 881,144 (taking into consideration waivers of delivery) |
Premium | 34.8% (3m); 36.60% (6m); 38.49% (12m) |
Conditions | a) Receipt of acceptance declarations that cover more than 50% of the ordinary shares of the offer - already fulfilled. b) Non-prohibition of the execution or approval of the merger by the European Commission - already fulfilled. b) Non-prohibition of the execution or approval of the merger by the European Commission - already fulfilled. |
Paying agent | Erste Group Bank AG, Graben 21, 1010 Vienna |
Share held by bidder prior to announcement of offer | 4,506,000 shares, 75.01% |
Change in Offeror | Due to the planned merger of PIAG Immobilien AG and the Offeree Company, PORR AG will assume the legal position of the Offeror PIAG Immobilien AG. |
Statement | A reference is made to the opinion of the Takeover Commission of 13 August 2014 GZ 2014/3/6-7(UBM). |
Downloads
Documents only available in German
Change of the Bid (18 Dec 2014)
Corrected Publication of Results (06 Nov 2014)
Announcement of the Result (24 Oct 2014)
Conversion into a Public Mandatory Bid (13 Oct 2014)
Condition Precedent Takes Effect (06 Oct 2014)
Ergänzung zur Angebotsunterlage (01 Oct 2014)
Report of the Expert of the Offeree Company pursuant to §§ 13 ff Takeover Act (29 Sep 2014)
Statement by the Executive Board (29 Sep 2014)