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conwert Immobilien Invest SE
Ansprechpartner: Clemens Billek
Tel.: +43 1 52145-700
E-Mail: cwi@conwert.at

FRüHERE MELDUNGEN

16.12.2015 - 08:06 | conwert Immobilien Invest SE
16.12.2015 - 08:06 | conwert Immobilien Invest SE
02.12.2015 - 18:40 | conwert Immobilien Invest SE
02.12.2015 - 18:40 | conwert Immobilien Invest SE
30.11.2015 - 13:50 | conwert Immobilien Invest SE

WEITERE IR-NEWS

pta20151216021
Public disclosure of inside information according to article 17 MAR

conwert Immobilien Invest SE: conwert ends all litigation proceedings with shareholders and creates legal certainty


Vienna (pta021/16.12.2015/14:21) - Following today's resolution of the Administrative Board of conwert Immobilien Invest SE (conwert), listed on the Austrian ATX, to rapidly end the legal proceedings related to the challenge of the 2015 Annual General Meeting (AGM) conwert has acknowledged the claims of the shareholders at the Commercial Court of Vienna in the course of today's hearing, leading to an acknowledgement verdict. The acknowledgement verdict by the Commercial Court of Vienna is immediately binding as a result of both parties having waived their right to appeal.

In addition, conwert has withdrawn its defamation suit against Petrus Advisors LLP and Klaus Umek.

The decision to end all legal disputes with shareholders is based on appraising the opportunities, risks and costs to conwert and in particular the strategic resolution of the Administrative Board to secure legal certainty in the interest of every shareholder and to fully focus conwert's resources on the operational performance of the company.

The end of litigation will also improve the quorum situation in the Administrative Board. At present the Administrative Board consists of the minimum number of members permitted by the Articles of Association, namely three. With the acknowledgement verdict taking effect today, Erich Kandler will join the Administrative Board as a representative of minority interests and the fourth member of the Board. At the same time the maximum number of Administrative Board members has once again been increased to five. The election of a fifth Administrative Board member will be held by the next AGM at the latest; the planned AGM date is 28 June 2016.

...........................................................

This release contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and, consequently, the actual results realised at a later date may differ from the forecasts presented here for a variety of reasons.

(end)
emitter: conwert Immobilien Invest SE
Alserbachstraße 32
1090 Vienna
Austria
contact person: Clemens Billek
phone: +43 1 52145-700
e-mail: cwi@conwert.at
website: www.conwert.at
stock exchanges: official trade in Vienna
ISIN(s): AT0000697750 (share)
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