Reduction of share capital
VIENNA, 26-Jul-2016 — /EuropaWire/ — The publicly listed construction group STRABAG SE announces that in accordance with a resolution passed at the 12th Annual General Meeting on 10 June 2016 the share capital has been reduced by the cancellation of 4,000,000 own shares. The share capital thus amounts to € 110,000,000.00, divided into 109,999,997 bearer shares with voting rights and three registered shares with voting rights each representing a proportion of the share capital amounting to € 1.00.
Following this capital reduction, the shareholder structure is as follows:
Haselsteiner Group: 26,4 %
UNIQA/Raiffeisen: 27,5 %
Rasperia Trading: 25,9 % + 1 share
Free float: 13,5 %
Treasury shares: 6,7 %
A resolution was also taken at the 12th Annual General Meeting authorising the acquisition of own shares, subject to approval by the Supervisory Board of STRABAG SE. As reported on 15 July 2016, the Supervisory Board has now agreed to this authorisation being exercised. The question of whether and to what extent the Management Board of STRABAG SE will make use of this authorisation for the repurchase of shares remains open.
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our more than 73,000 employees allows us to generate an annual output volume of more than € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and, increasingly, on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany. More information is available at www.strabag.com
Corporate Communications & Investor RelationsDonau-City-Str. 9
Phone +43 1 22422-1174
SOURCE: STRABAG SE