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EQS-Adhoc: STRABAG SE: RBI cancels transaction over STRABAG shares, MKAO “Rasperia Trading Limited” remains shareholder of STRABAG SE

EQS-Ad-hoc: STRABAG SE / Key word(s): Investment
STRABAG SE: RBI cancels transaction over STRABAG shares, MKAO “Rasperia Trading Limited” remains shareholder of STRABAG SE

08-May-2024 / 17:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


RBI cancels transaction over STRABAG shares, MKAO “Rasperia Trading Limited” remains shareholder of STRABAG SE
  • Following Raiffeisen Bank International AG’s decision not to proceed with the acquisition of STRABAG shares, MKAO “Rasperia Trading Limited” remains a shareholder of STRABAG SE
  • STRABAG shares held by Rasperia remain frozen

STRABAG SE has learnt from a recently published ad-hoc disclosure published by Raiffeisenbank International AG (RBI) that the latter has decided not to pursue the acquisition of STRABAG shares from MKAO “Rasperia Trading Limited” (Rasperia). According to the announcement, RBI was unable to obtain the “required comfort” from the relevant authorities in order to proceed with the planned transaction.

Rasperia thus remains a shareholder of STRABAG SE. The company is no longer controlled by Oleg Deripaska but by Iliadis JSC (Iliadis), according to a major holdings notification from March 2024. STRABAG is currently unable to assess whether RBI’s decision will affect the completion of the transaction in Russia announced by Iliadis.

As already announced on 27 March 2024, STRABAG continues to assume that the 24.1% share of STRABAG SE held by Rasperia remains frozen in accordance with the EU Sanctions Regulation.


End of Inside Information

08-May-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com


Language:English
Company:STRABAG SE
Donau-City-Straße 9
1220 Vienna
Austria
Phone:+43 1 22422 – 1089
Fax:+43 1 22422 - 1177
E-mail:investor.relations@strabag.com
Internet:www.strabag.com
ISIN:AT000000STR1, AT0000A36HJ5
Listed:Vienna Stock Exchange (Official Market)
EQS News ID:1899039

 
End of AnnouncementEQS News Service

1899039  08-May-2024 CET/CEST

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