Wienerberger AG: Change in Wienerberger's Shareholder Structure
Vienna
(pta011/06.02.2015/12:00 UTC+1)
The Teachers Insurance and Annuity Association of America (TIAA), which is based in the USA, holds more than 4% of Wienerberger stock
Wienerberger AG received an announcement in accordance with Sec. 91 seq. of the Austrian Stock Exchange Act from the US-based College Retirement Equities Fund ("CREF"), the US-based Teachers Insurance and Annuity Association of America ("TIAA") and the US-based TIAA-CREF Investment Management, LLC about the following changes in holdings of Wienerberger stock:
1. On February 3, 2015, CREF acquired 29,800 shares/voting rights of Wienerberger AG, increasing its total holdings in Wienerberger AG to 4,717,282 shares/voting rights. By acquiring the 29,800 shares/voting rights of Wienerberger AG, CREF has therefore as of February 3, 2015 exceeded the 4% voting rights threshold.
2. CREF is exclusively managed by US-based TIAA-CREF Investment Management, LLC, which is wholly owned by US-based TIAA-CREF Asset Management LLC (a holding company), which is in turn wholly owned by TIAA.
The voting rights of the above mentioned 4,717,282 shares (4.014%) in Wienerberger AG directly held by CREF can be exercised independently by TIAA-CREF Investment Management, LLC in its own name pursuant to a Policy Statement on Corporate Governance.
Therefore, the above mentioned 4,717,282 shares (4.014%) are attributable also to TIAA-CREF Investment Management, LLC pursuant to sec 92 (5) of the Austrian Stock Exchange Act. TIAA-CREF Investment Management, LLC has, thus, exceeded the 4% threshold as of February 3, 2015.
3. Since TIAA-CREF Investment Management, LLC - as outlined above - is an indirect wholly owned subsidiary of TIAA, the total voting rights of 4.014% in Wienerberger AG are attributable - pursuant to the requirements of the Austrian Stock Exchange Act - to TIAA which has exceeded the 4% threshold as of February 3, 2015.
For additional information contact:
Karin Steinbichler, Head of Corporate Communications Wienerberger AG
T +43 1 601 92 - 10149 | communication@wienerberger.com
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Wienerberger AG is a pure free float company, whereby the majority of shares are held by Austrian and international institutional investors. Additional information on the shareholder structure is provided under http://www.wienerberger.com/investor-relations/the-wienerberger-share/the-wienerberger-share/shareholder-structure.
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Emitter: |
Wienerberger AG Wienerbergstraße 11 1100 Wien Austria |
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Contact Person: | Karin Steinbichler | |
Phone: | +43 1 60192-10149 | |
E-Mail: | communication@wienerberger.com | |
Website: | www.wienerberger.com | |
ISIN(s): | AT0000831706 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |