pta20170721017
Business news for the stock market

PORR AG: PORR signs transfer agreements for takeover of Hinteregger Group

Vienna (pta017/21.07.2017/13:20 UTC+2) In May 2017 PORR announced the basic agreement with the shareholders of the Hinteregger Holding on PORR taking an equity interest in the long-standing Salzburg company.
The requisite transfer agreements were signed today. The Hinteregger Group will be completely consolidated into the Group of PORR AG. 100% of the shares in the DYWIDAG Group will be transferred to the ownership of the family G. Klaus Hinteregger. The purchase price for the Hinteregger Group amounts to around EUR 29.8m.
Closing of the transaction is subject to further conditions, especially approval by the relevant competition authorities.

Contact:
Sandra C. Bauer
Head of Corporate Communications, Corporate Spokesperson
PORR AG
T. +43 (0)50 626-3338
M. +43 (0)664 626-3338
sandra.bauer*@*porr.at
porr-group.com

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Emitter: PORR AG
Absberggasse 47
1100 Wien
Austria
Contact Person: Dir. Prok. Rolf Petersen
Phone: +43 50626-1199
E-Mail: rolf.petersen@porr.at
Website: www.porr-group.com
ISIN(s): AT0000609607 (Share) AT0000A19Y28 (Bond) AT0000A19Y36 (Bond) DE000A1HSNV2 (Bond) XS1555774014 (Bond)
Stock Exchange(s): Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Basic Board)
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