DJ DGAP-Adhoc: IMMOEAST AG: The Extraordinary Shareholdersapos; Meeting approves the Acquistion...

Release of an Ad hoc announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. IMMOEAST AG: The Extraordinary Shareholders' Meeting approves the Acquistion of 60% of CONTANTIA PRIVATBANK's Real Estate Division with a Majority of 99.54% of the Votes Cast. Vienna, 25 July 2008. The extraordinary shareholders' meeting of IMMOEAST AG on 25 July 2008 approved the acquisition of 60% of the real estate division of CONSTANTIA PRIVATBANK by IMMOEAST AG for a purchase price of EUR 264 mio with a majority of 99.54% of the votes cast. Therefore, the shareholders concurred with the management's proposal. On 23 July 2008, the extraordinary shareholders' meeting of IMMOFINANZ AG had already approved the acquisition of the remaining 40% of the real estate division... [read full story]