Ad-hoc disclosure

Agreement concluded with Raiffeisen/Uniqa on purchase of all shares of Raiffeisen evolution project development GmbH

Kontakt

STRABAG SE

Diana Neumüller-Klein

Head of Corporate Communications

& Investor Relations Tel. +43 1 22422-1116

diana.klein@strabag.com

  • Status change regarding disclosure from 16 September 2016

Vienna, 2 December 2016 The Management Board of STRABAG SE reports that the assignment contract related to the acquisition of all shares of Raiffeisen evolution project development GmbH was concluded today. The transaction will take effect immediately following approval by the competition authorities in Austria and Hungary.

A purchase price totalling € 56 million was agreed. The contract also foresees the repayment of shareholder loans in the amount of

€ 42 million.

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 allow us to generate an annual output volume of about € 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.

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Strabag SE published this content on 02 December 2016 and is solely responsible for the information contained herein.
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