pta20120423034
Public disclosure of inside information according to article 17 MAR
Public disclosure of inside information according to article 17 MAR
Warimpex Finanz- und Beteiligungs AG: Intended sale of its 50% stake in the InterContinental hotel, Warsaw
Vienna/Warsaw (pta034/23.04.2012/20:45 UTC+2) Warimpex Finanz und Beteiligungs AG announces its intention to sell its 50 per cent stake in the InterContinental hotel in Warsaw. The head of terms agreement for the sale was signed today. The closing is expected to take place this year. The intended sale will generate proceeds over the carrying value of the property and have a very positive effect on the Company's earnings and liquidity position in 2012.
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| Emitter: |
Warimpex Finanz- und Beteiligungs AG Floridsdorfer Hauptstrasse 1 1210 Wien Austria |
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|---|---|---|
| Contact Person: | Daniel Folian | |
| Phone: | +43 1 310 55 00 | |
| E-Mail: | investor.relations@warimpex.com | |
| Website: | www.warimpex.com | |
| ISIN(s): | AT0000827209 (Share) | |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade) | |
| Other Stock Exchanges: | Warsaw |