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    SPI   AT0000652250

S IMMO AG

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S Immo : Cancellation of maximum voting right rejected by general meeting

06/24/2021 | 06:53am EDT

Today S IMMO AG's extraordinary general meeting has voted on the resolution proposal of IMMOFINANZ AG to cancel the maximum voting right under the articles of association. The resolution proposed by IMMOFINANZ AG has not achieved the required (capital) majority. The maximum voting right set out in Section 13 para 3 of the articles of association thus remains unchanged and in full force.

Consequently, an essential condition of IMMOFINANZ AG's takeover offer has not been met. However, in the takeover offer IMMOFINANZ AG has retained the right to amend the offer respectively to waive this condition precedent.

Disclaimer

S IMMO AG published this content on 24 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2021 10:52:02 UTC.


ę Publicnow 2021
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Sales 2021 191 M 224 M 224 M
Net income 2021 178 M 208 M 208 M
Net Debt 2021 1 269 M 1 487 M 1 487 M
P/E ratio 2021 8,38x
Yield 2021 2,85%
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Technical analysis trends S IMMO AG
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TrendsNeutralNeutralBullish
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Average target price 23,57 €
Spread / Average Target 14,7%
EPS Revisions
Managers and Directors
Bruno Ettenauer Chairman-Management Board & CEO
Wilhelm Bayer Head-Controlling & Finance
Karin Rest Chairman-Supervisory Board
Thomas MŘller Head-Information Technology Specialist
Friedrich Wachernig Chief Operating Officer