UniCredit S.p.A.
UniCredito Italiano S.p.A.:BANK AUSTRIA SIGNS AGREEMENT TO ACQUIRE MAJORITY SHAREHOLDING IN ATF BANK IN THE REPUBLIC OF KAZAKHSTAN
UniCredito Italiano S.p.A. / Agreement/Acquisition Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- UNICREDIT: BANK AUSTRIA SIGNS AGREEMENT TO ACQUIRE MAJORITY SHAREHOLDING IN ATF BANK IN THE REPUBLIC OF KAZAKHSTAN Today, Bank Austria Creditanstalt AG (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed a share purchase agreement with private shareholders to acquire a majority shareholding in JSC ATF Bank (ATF). The purchase price for the entire outstanding capital of ATF is US$2,175 million (€1,625 million at current exchange rates), plus an amount equal to the capital increase (currently estimated at around US$100 million or ca. €75 million) to be subscribed by ATF’s existing shareholders before completion of the transaction. Since the transaction is expected to be completed during the second half of 2007, the purchase price will be adjusted by an amount equal to 50% of ATF’s 2007 net profit. The transaction will be financed entirely from existing internal resources. BA-CA’s objective is to acquire up to 100% of ATF’s outstanding share capital through the acquisition of shares from the current majority shareholders and the mandatory tender offer to be launched for the remaining minorities. Following these steps, the level of ownership will be at least equal to 85% of the outstanding share capital of the bank. This transaction confirms the continued strong commitment of UniCredit Group to the CEE region. Through the acquisition of ATF, the Group will strengthen its network through a leading presence in the Republic of Kazakhstan, as well as additional operations in the Republic of Kyrgyzstan, the Republic of Tajikistan and the Russian Federation. The expansion in the Republic of Kazakhstan, with its fast growing and stable economic environment, is a natural development of the growth strategy pursued by the UniCredit Group in the course of the last decade in the CEE, Turkey and CIS countries. Completion of the transaction is subject to the satisfaction of a number of conditions including, without limitation, receipt of all necessary regulatory authorizations and consents, such as the approvals of Bank of Italy and of the Austrian Financial Markets Authority, the approval of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Markets and Financial Organizations, as well as approval of the local Anti-Monopoly authority. Credit Suisse and UniCredit Markets & Investment Banking acted as financial advisors to UniCredit and BA-CA, with Allen&Overy acting as legal advisor. UniCredit will present the transaction in more details at its annual Capital Markets Day to be held on 5 July 2007 in Milan, Italy. Milan, 21 June 2007 Enquiries: Media Relations: +39 02 88628236; e-mail: MediaRelations@unicreditgroup.eu Investor Relations: +39 02 88628715; e-mail: InvestorRelations@unicreditgroup.eu DGAP 21.06.2007 ---------------------------------------------------------------------- Language: English Issuer: UniCredito Italiano S.p.A. Via San Protaso 1/3 20121 Milan Italien Phone: 0039 02 8862 2995 Fax: 0039 02 8862 3816 E-mail: maurizia.angelocomneno@unicredit.it Internet: www.unicredit.it ISIN: IT0000064854 WKN: 850832 Indices: Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-Bremen, Hannover, München, Hamburg, Düsseldorf, Stuttgart; Terminbörse EUREX End of News DGAP News-Service ---------------------------------------------------------------------------
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