conwert Immobilien Invest SE: Change in share of voting rights

conwert exceeds 5% threshold through the buyback of convertible bonds

Vienna (pta032/05.11.2014/16:05 UTC+1) As per sec. 93 para. 3 of the Austrian Stock Exchange Act, conwert Immobilien Invest SE ("conwert") discloses that more than 5% in treasury shares are attributable to conwert as of 4 November 2014.

On 4 November 2014 conwert bought back 5.25% convertible bonds 2010-2016 (ISIN AT0000A0GMD6) with a nominal value of EUR22.3 mn for EUR23.4 mn (including accrued interest). This corresponds to an implicit buyback yield of 1.1% of conwert's liquidity deployed. The convertible bonds which were bought back come with the entitlement of a current conversion price of EUR10.71 per share to be converted into 2,082,166 shares. As per sec. 91 of the Austrian Stock Exchange Act, conwert is obliged to calculate these shares together with the 2,576,464 shares already acquired in the course of buybacks, although conwert is not itself permitted to exercise the conversion rights tied to convertible bonds in accordance with sec. 51 Stock Corporation Act.

As per sec. 91 in conjunction with sec 91a para. 5 of the Austrian Stock Exchange Act, the number of voting rights attributed to conwert has therefore exceeded the 5% threshold as of 4 November 2014. A total of 4,658,630 shares are thereby attributable to conwert (this corresponds to a share of voting rights of around 5.46% on the basis of 85,359,273 conwert shares in total.

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Emitter:	conwert Immobilien Invest SE Alserbachstraße 32 1090 Vienna Austria
Contact Person:	Clemens Billek
Phone:	+43 1 52145-700
E-Mail:	cwi@conwert.at
Website:	www.conwert.at
ISIN(s):	AT0000697750 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)