conwert Immobilien Invest SE ('conwert'), a company listed on the ATX (Austrian Traded Index), announces that Vonovia SE ('Vonovia') as main shareholder of conwert, and the administrative board of conwert today have jointly set the adequate cash compensation to be paid to conwert's minority shareholders in the course of the initiated squeeze-out proceedings to €17.08 per share.

Furthermore, Vonovia and conwert's administrative board have resolved on the joint report pursuant to sec 3 para 1 of the Austrian Squeeze-Out Act ('GesAusG').

The cash compensation paid in the course of the squeeze-out proceedings was set on the basis of an expert valuation report by Ebner Stolz GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft. The accuracy of the joint report as well as the adequacy of the cash compensation are subject to an examination and confirmation by PwC Wirtschaftsprüfung GmbH as courtappointed
expert.

The extraordinary shareholders' meeting of conwert, which will resolve on the transfer of shares of the minority shareholders to the main shareholder against payment of an adequate cash compensation, is expected to be held on 29 August 2017.

conwert Immobilien Invest SE published this content on 16 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 July 2017 16:50:04 UTC.

Original documenthttp://www.conwert.com/en/cash-compensation-conwerts-minority-shareholders-set-eu1708-share

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