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on STRABAG SE (isin : AT000000STR1)

STRABAG SE Shareholding Unchanged as RBI Cancels Acquisition Move

Raiffeisen Bank International AG (RBI) has decided not to proceed with its planned acquisition of shares in STRABAG SE from shareholder MKAO "Rasperia Trading Limited." This decision was detailed in an ad-hoc disclosure, citing a lack of "required comfort" from relevant authorities to move forward with the transaction. As a result, MKAO "Rasperia Trading Limited" retains its shareholding position in STRABAG SE.

It is noted that the 24.1% of shares held by Rasperia in STRABAG remain frozen under EU sanctions regulations. These developments come after a shift in control of Rasperia from Oleg Deripaska to Iliadis JSC, recorded in a major holdings notification from March 2024. The future implications of these changes on a separate transaction in Russia, announced by Iliadis, remain unclear for STRABAG SE.

R. H.

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