Vienna, 16.02.2024 - PORR AG: Repurchase of profit participation rights
The Management Board of PORR AG decided today to buy back and redeem the profit participation rights (AT0000A086F0) issued in 2007 via the special purpose entity ABAP Beteiligungs Holding GmbH and transferred to PORR AG as issuer in 2019, which are currently outstanding in a nominal amount of EUR 40m, from the sole investor.
The transaction is to be executed and settled in the next few days. This will reduce the number of capital market instruments issued by PORR AG.
For further questions please contact:
Klemens Eiter
CFO
PORR AG
T +43 50 626 1004
comms@porr-group.com
Lisa Richter
Head of Investor Relations
PORR AG
T +43 50 626 1765
ir@porr-group.com