PTA-News: BAWAG Group AG: Capital reduction finalized

12/9/2019, 11:50 PM (Source: pressetext)
Vienna (pta046/09.12.2019/23:50) - BAWAG Group AG ("BAWAG Group") announces that the Management Board finalized the execution on the share capital reduction in line with the resolution of the Annual General Meeting dated 30 April 2019. BAWAG Group's share capital was reduced by approximately EUR 10.86 million. The respective shares were bought back via a voluntary partial tender offer and were cancelled subsequently. The share capital of BAWAG Group amounts to EUR 89,142,237 (divided into 89,142,237 shares).

Business news for the stock market

Vienna (pta046/09.12.2019/23:50) - BAWAG Group AG ("BAWAG Group") announces that the Management Board finalized the execution on the share capital reduction in line with the resolution of the Annual General Meeting dated 30 April 2019. BAWAG Group's share capital was reduced by approximately EUR 10.86 million. The respective shares were bought back via a voluntary partial tender offer and were cancelled subsequently. The share capital of BAWAG Group amounts to EUR 89,142,237 (divided into 89,142,237 shares).

Considering the reduced share capital and the most recent events, the free float is now at 78.2%. The shareholder structure is available on: https://www.bawaggroup.com/BAWAGGROUP/IR/EN/share_information/404188/shareholder-structure.html

About BAWAG Group
BAWAG Group AG is the listed holding company of BAWAG P.S.K., which is headquartered in Vienna, Austria, with the main subsidiaries easybank, easyleasing and start:bausparkasse in Austria, Südwestbank, BFL Leasing GmbH, Health Coevo AG and start:bausparkasse in Germany as well as Zahnärztekasse AG in Switzerland. With 2.5 million customers, BAWAG P.S.K. is one of Austria's largest banks operating under a well-recognized national brand and applies a low-risk, efficient, simple and transparent business model focused on Austria, Germany and developed markets. The Bank serves retail, small business and corporate customers offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services through various online and offline channels. Delivering simple, transparent and best-in-class products and services that meet our customers' needs is the consistent strategy across all business units.

BAWAG Group's Investor Relations website https://www.bawaggroup.com/ir contains further information, including financial and other information for investors.

Contact:
Financial Community:
Jutta Wimmer (Head of Investor Relations)
Tel: +43 (0) 5 99 05-22474

IR Hotline: +43 (0) 5 99 05-34444
E-mail: investor.relations@bawaggroup.com

Media:
Manfred Rapolter (Head of Communications, Spokesman)
Tel: +43 (0) 5 99 05-32011
E-mail: communications@bawaggroup.com

This text can also be downloaded from our website: https://www.bawaggroup.com

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emitter: BAWAG Group AG
address: Wiedner Gürtel 11, 1100 Wien
country: Austria
contact person: BAWAG Group Investor Relations
phone: +43 (0)59905-34444
e-mail: investor.relations@bawaggroup.com
website: www.bawaggroup.com

ISIN(s): AT0000BAWAG2 (share)
stock exchanges: official trade in Vienna

[ source: http://www.pressetext.com/news/20191209046 ]