DGAP-News: IMMOFINANZ AG: Court-appointed expert confirms: No manipulation of IMMOFINANZ share price
(firmenpresse) - IMMOFINANZ AG / Key word(s): Miscellaneous
14.09.2010 09:50
---------------------------------------------------------------------------
As previously reported in June of this year court-appointed expert Mr.
Christian Imo (former executive board member of the Vienna Stock Exchange)
rejected all allegations that the price of the IMMOEAST share had been
influenced through trading by the former Constantia Privatbank AG (now
Aviso Zeta Bank AG). In a new expert opinion presented to the parties
(received on 10 September 2010) Mr. Imo reached the same conclusion with
respect to IMMOFINANZ shares. He stated verbatim:
'The results of this investigation show that there are not enough clear
indications to prove that the trading activities of the respondent during
the stated period sustainably influenced or changed the development of the
IMMOFINANZ share price.'
'These expert opinions prove that the price of the IMMOFINANZ and IMMOEAST
shares developed in conformity with the market. Investors are not in a
worse position than they would have been with an investment in another
Austrian real estate stock. This lack of damages therefore eliminates any
requirement to provide compensation,' commented Andreas Zahradnik, an
attorney with the Vienna law firm DORDA BRUGGER JORDIS, which represents
the IMMOFINANZ Group.
Contact:
Margit Hermentin
Head of Investor Relations&Corporate Communications
IMMOFINANZ AG
A-1120 Vienna, Gaudenzdorfer Gürtel 67
Tel.: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
m.hermentin(at)immofinanz.com
www.immofinanz.com
Press-Coordination:
Hieronymus Tupay
ACCEDO Austria GmbH
Tel.: +43 1 533 87 00 - 23
Hieronymus.Tupay(at)accedogroup.com
14.09.2010 09:50 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: IMMOFINANZ AG
Gaudenzdorfer Gürtel 67
A-1120 WienÖsterreich
Phone: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
E-mail: investor(at)immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in München, Berlin, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien (Amtlicher Handel /
Official Market)
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
Datum: 14.09.2010 - 09:50 Uhr
Sprache: Deutsch
News-ID 32187
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 180 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: IMMOFINANZ AG: Court-appointed expert confirms: No manipulation of IMMOFINANZ share price"
steht unter der journalistisch-redaktionellen Verantwortung von
IMMOFINANZ AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
